ISLAMABAD: The Islamabad High Court (IHC) has adjourned the hearing of a case filed by M/s Mobizone Pakistan (Private) Limited against a tax reference for Tuesday (today).
A single bench of the IHC comprising of Justice Aamer Farooq will hear the case seeking restrictions for the Large Taxpayers Unit, Islamabad, from recovering outstanding tax amount of Rs 458,132,655. The bench adjourned the hearing of the case for Tuesday as the counsels involved did not appear before the court on Monday.
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The appellant had challenged an LTU order, dated February 8, 2016 before the IHC after exhausting the departmental platform for appealing disputing orders.
According to the order issued by the LTU, the appellant had been asked to pay Rs 436,317,052 in head of federal excise duty along with penalty of Rs21,815,603 under section 19 of Federal Excise Act, 2005. The appellant had to pay sum of Rs458,132,655 as tax liability under the impugned order.
Federal Board of Revenue (FBR), Appellate Tribunal Inland Revenue (ATIR), LTU Commissioner Inland Revenue and Assistant Commissioner Inland Revenue were made respondent in the case.
The appellant had prayed the court to directed LTU not to recover the said amount and abstain from any coercive action in this regard.
The appellant submitted before the court that the impugned order was issued under mala fide intentions and had no legal standing or authority and the court may decide on relief which it deemed appropriate in this regard.
