Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Lahore

FTO hears appeal filed by M/s Mianwali Cotton Factory

bySajid Nawaz
17/07/2018
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: The Federal Tax Ombudsman (FTO) heard implementation appeal filed by M/s Mianwali Cotton Factory, against the Regional Tax Office (RTO) Sargodha. FTO directed to implement order passed by the judicial forum.

FTO Advisor Mian Munawar Ghafoor heard the case in which the counsel for the appellant argued that the RTO Sargodha has not released the refund to the appellant from last two years.

You might also like

Pakistan Customs seizes Rs158m worth of smuggled phones, liquor at Sost Dry Port

28/07/2026

RCCI, PIBF join hands to host ‘Mera Brand Expo’ in Rawalpindi

28/07/2026

He said that RTO Sargodha collected excessive tax from the appellant during the last two years. The company approached the officer concerned many times for issuance of refunds but the department did not pay the refunds after the passage of a reasonable time.

Finally, the appellant decided to approach the Federal Tax Ombudsman (FTO), seeking interference in this case. The counsel appealed the FTO advisor to direct the commissioner of RTO Sargodha to clear the refund claims.

The counsel further said that the delay in issuance of refunds put burden on the taxpayers, adding that the RTO should make audit of the cases and release the extra amount collected by it from the taxpayer.

On the other hand, counsel for the RTO argued that the appellant has not submitted all record in the office on basis of which it is claiming for refunds. If appellant provides accurate record, the RTO will issue the refunds if any after proper assessment, he added.

After hearing the arguments from both sides, FTO Advisor adjourned the case and directed the parties to appear on the next date of hearing to present arguments in the case.

Related Stories

Pakistan Customs seizes Rs158m worth of smuggled phones, liquor at Sost Dry Port

byCT Report
28/07/2026

SOST: Pakistan Customs has seized contraband worth an estimated Rs158 million in two intelligence-based operations at Silk Route Dry Port,...

RCCI, PIBF join hands to host ‘Mera Brand Expo’ in Rawalpindi

byCT Report
28/07/2026

RAWALPINDI: Rawalpindi Chamber of Commerce and Industry (RCCI) has inked a Memorandum of Understanding (MoU) with the Pakistan International Business...

Pakistan, WFP agree to strengthen cooperation on National Food Security Policy & Nutrition

byCT Report
28/07/2026

ISLAMABAD: Minister for National Food Security and Research, Rana Tanveer Hussain on Tuesday met with Ms. Anita Hirsch, Representative and...

Credit Card ATM transactions see a sudden 44pc surge in Pakistan

byCT Report
28/07/2026

LAHORE: Pakistan’s credit card ATM transactions just recorded the largest-ever quarterly increase. The number of circulating credit cards jumped by...

Next Post

LTU to hold seminar on tax amnesty tomorrow

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.