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 puts off case filed by M/s Ejaz Steel Furnace and Re-rolling Mills

bySajid Nawaz
29/05/2017
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: Federal Tax Ombudsman (FTO) has adjourned the hearing of a case filed by M/s Ejaz Steel Furnace and Re-rolling Mills against the Regional Tax Office (RTO) Gujranwala until the next hearing.

FTO Consultant (I&M) Tariq Yousaf heard the case NO: 464/FTO-LHR0000893/16 filed by Muhammad Imteaz Malik, M/s Ejaz Steel Furnace and Re-rolling Mills, in which the counsel for appellant contended that the RTO had failed to release the refunds since three years.

You might also like

Khunjerab becomes Trade Powerhouse as Pakistan earns Rs15b from Chinese imports

25/08/2026

PSW, PAA sign MoU to digitalize air cargo charge collection

25/08/2026

He said the RTO has been collecting excessive tax from M/s Ejaz Steel Furnace and Re-rolling Mills for the last three years. He approached the officer concerned many a time for release of refunds but the RTO Gujranwala officials did not pay the claims.

At last the appellant decided to approach the Federal Tax Ombudsman (FTO) seeking intervention in the case. The counsel appealed the FTO to direct the RTO Gujranwala to clear refunds’ claims as early as possible.

The counsel further said delay in release of refunds’ claims put a burden on the taxpayer. The RTO should make audit of the case and release the extra amount collected by it from the taxpayer.

On the other hand, counsel for RTO Gujranwala argued that the appellant has not submitted all the records to the office on which basis he is claiming refunds. If appellant provides an accurate record, the RTO will release refunds, if any, after a proper assessment, he added.

After hearing arguments from both sides, FTO adjourned the case until the next date for further hearing and directed the parties to appear on the said date to present arguments in the case.

Related Stories

Khunjerab becomes Trade Powerhouse as Pakistan earns Rs15b from Chinese imports

byCT Report
25/08/2026

LAHORE: Pakistan’s northern trade gateway witnessed record-breaking performance, with Customs authorities collecting nearly Rs15 billion in revenue from imports through...

PSW, PAA sign MoU to digitalize air cargo charge collection

byCT Report
25/08/2026

ISLAMABAD: The Pakistan Single Window (PSW) and the Pakistan Airports Authority (PAA) have signed a Memorandum of Understanding to digitalize...

State Bank reveals cost of printing Rs5,000, Rs1,000 currency notes

byCT Report
25/08/2026

KARACHI: Producing a Rs5,000 or Rs1,000 currency note costs Rs14, State Bank of Pakistan officials told the Senate Standing Committee...

Pakistan receives over $763m in external assistance in July

byCT Report
25/08/2026

ISLAMABAD: Pakistan received more than $763 million in external financial assistance during July, the first month of the current fiscal...

Next Post

Customs court submits detailed challan in mobile smuggling case

  • 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.