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 seeks relevant record from parties in refund claim case

bySajid Nawaz
17/04/2018
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: The Federal Tax Ombudsman (FTO) heard an appeal filed by Shamsud Doja, owner of M/s Pakistan Mineral Processing, against Corporate Regional Tax Office (CRTO) until the next date of hearing. The FTO also sought relevant details to decide the case.

According to the details, FTO consultant Mian Munawar Ghafoor heard the case in which the counsel for the appellant argued that the CRTO had failed to release the tax refund of the last two years claimed by the company.

You might also like

Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port

25/07/2026

Pakistan-Libya trade has potential to exceed $1bn, claims LCCI President Saigol

25/07/2026

He said that the CRTO collected excessive tax during the last two years. He approached the commissioner concerned many times for issuance of refunds but the CRTO officials did not pay the refunds 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 CRTO to clear the refund claims.

The counsel further said that CRTO should refund the excess collection in wake of taxes by the end of financial year but the situation is quite otherwise.

Delay in issuance of refunds put burden on the taxpayers, he said, adding that the CRTO Lahore should make audit of the cases and release the extra amount collected by it from the taxpayer.

After hearing the arguments from both sides, FTO advisor adjourned the case of Proprietor Pakistan Mineral Processing until next date for further hearing and directed the parties to appear on said date to present arguments in the case. FTO will heard the case after two weeks, informed the parties.

Related Stories

Amid Hormuz instability, attention shifts to Pakistan’s Gwadar port

byCT Report
25/07/2026

GWADAR: Iran has closed and reopened the Strait of Hormuz several times since the US-Iran war began in February. When...

Pakistan-Libya trade has potential to exceed $1bn, claims LCCI President Saigol

byCT Report
25/07/2026

LAHORE: Lahore Chamber of Commerce and Industry hosted a seminar titled “Enhancing Pakistan-Libya Trade and Economic Cooperation”, attended by Major...

SBP foreign exchange reserves increase by $33m

byCT Report
25/07/2026

KARACHI: Pakistan’s foreign exchange reserves recorded a modest increase during the week ended July 17, 2026, according to the latest...

New Finance Act rule forces businesses to get FBR-verified invoice numbers

byCT Report
25/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) will require taxpayers to issue a verifiable and unique invoice number for every...

Next Post

Trade Dispute Resolution Act, 2018 to promote global trade with Pakistan

  • 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.