ISLAMABAD: A single bench of Islamabad High Court on Thursday cancelled hearing on a case filed by M/s SHV Energy Pakistan Private Limited while adjourned hearing on another case filed by M/s Saudi Pak Industrial and Agricultural Investment Company.
The bench, comprising Justice Aamer Farooq had to hear the case filed by M/s SHV Energy Pakistan Private Limited and the other appellant. The bench would hear the cases some other day.
M/s SHV Energy Pakistan Private Limited had filed the reference in which the company had challenged a show cause notice issued by the Large Taxpayers Unit, Islamabad.
The appellant had challenged the act of recovery of said amount by Commissioner Inland Revenue of Large Taxpayer’s Unit, Islamabad.
ATIR was also made respondent in the case as the tribunal had sustained departmental decision regarding issuance of show cause notice and demand of recovery of outstanding tax amount in head of federal excise duty.
M/s SHV Energy Pakistan Private Limited had prayed the court that FBR office had issued a recovery notice to the company which did not hold lawful grounds.
The appellant had prayed the court to declare the act as illegal and without any lawful authority and an interim stay may be granted against recovery proceedings.
M/s SHV Energy Pakistan Private Limited had also mentioned that departmental obligations were not met amid processing the notice of recovery demand while later the adjudication did not address grievances of the appellant.
