MULTAN: The Lahore High Court (LHC) Multan Bench has granted a stay order to Mushtaq Leather Industries against the auction of their two commercial shops.
According to details, the Customs Multan recovery branch served notices on Mushtaq Leather Industries for the collection of Rs 40 million taxes. But the company started using delaying tactics and failed to pay any tax.
Multan Customs issued a final notice but the company refused to deposit remaining taxes on which the Customs Multan decided to sell out their property for the recovery of taxes.
Before the auction, Lahore High Court Multan bench granted interim a stay order to Mushtaq Leather Industries while cross arguments against the stay order will be come up for hearing on the next hearing.
