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 case of Riaz Ahmed against RTO Sialkot

bySajid Nawaz
20/04/2017
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: The Federal Tax Ombudsman (FTO) has adjourned the hearing of a case filed by Riaz Ahmed against the Regional Tax Office (RTO), Sialkot, until the next hearing.

According to details, FTO Advisor Mazhar Farooq Shirazi heard the case in which counsel for the appellant argued that the RTO had failed to release the sales tax refund of the last two years claimed by the company.

You might also like

FBR issues new customs values of diesel engines for generators vide VR No2088/2026

10/06/2026
FILE PHOTO: The Habib Bank Limited (HBL) logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. REUTERS/Akhtar Soomro/File Photo

HBL announces 3-day service shutdown following Meezan & Allied Bank

10/06/2026

He said the RTO collected excessive tax from Riaz Ahmed son of Muhammad Sadique from the last two years. He approached the commissioner concerned many times for issuance of refunds but the RTO officials did not pay refunds even after the passage of reasonable time.

At the end, the company decided to approach the FTO seeking interference in this case. The counsel appealed the FTO advisor to direct the RTO to clear refund claims. The counsel further said the RTO should refund the excessive collection in the wake of taxes by the end of financial year but the situation is quite otherwise. Delay in issuance of refunds put burden on taxpayers, he said, adding the RTO Sialkot should audit cases and release extra amount collected from the taxpayers.

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

After hearing arguments from both sides, Advisor Mazhar Farooq Shirazi adjourned the hearing of case until next date for further hearing and directed the parties to appear on said date to present arguments.

 

Related Stories

FBR issues new customs values of diesel engines for generators vide VR No2088/2026

byCT Report
10/06/2026

KARACHI: The Federal Board of Revenue (FBR) has issued new customs values for imported diesel engines used in generators to...

FILE PHOTO: The Habib Bank Limited (HBL) logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. REUTERS/Akhtar Soomro/File Photo

HBL announces 3-day service shutdown following Meezan & Allied Bank

byCT Report
10/06/2026

KARACHI: Habib Bank Limited (HBL) has officially announced a temporary closure of all its services. Consequently, the massive shutdown will...

Honda Atlas challenges over Rs17b in tax disputes with FBR

byCT Report
10/06/2026

KARACHI: Honda Atlas Cars (Pakistan) Limited has disclosed tax-related contingencies exceeding Rs17 billion in its Annual Report 2026, highlighting multiple...

RCCI delegation meets DG Cannabis Control and Regulatory Authority

byCT Report
10/06/2026

RAWALPINDI: A delegation of the Rawalpindi Chamber of Commerce and Industry (RCCI), led by its President Usman Shaukat and Senior...

Next Post

Customs court adjourns hearing of 400 cell-phone smuggler

  • 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.