ISLAMABAD: The Islamabad High Court (IHC) on Tuesday dated in office the hearing of a tax matter filed by M/s Werrick Pharmaceutical with directives to submit record of the case by next date of hearing.
An IHC bench comprising Justice Aamer Farooq was hearing the matter filed by M/s Werrick Pharmaceutical in 2016. The company had challenged a recovery claim issued by the Large Taxpayers Unit of the Federal Board of Revenue (FBR), Islamabad.
The company had prayed the court that the FBR office had issued a recovery notice which did not hold lawful grounds and it should be declared illegal and without any lawful authority and an interim stay may be granted against recovery proceedings.
M/s Werrick Pharmaceutical asked the court to decide on relief which it deemed appropriate in this regard. It also stated that a due legal course was not followed by the department in issuing the order. The company had also prayed the court to decide the case early as the appellant had to bear financial complications after the case.
M/s Werrick Pharmaceutical also mentioned that departmental obligations were not met amid processing the notice of recovery demand while later the adjudication did not addressed grievances of the appellant. The bench had also heard the case during last week and adjourned hearing on the matter after hearing brief arguments by the parties.
ATIR, Federal Board of Revenue (FBR), officers of LTU including Commissioner Inland Revenue, and others were made respondents in the tax reference.
