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

LHC seeks ministries reply on imposing fixed sales tax on petroleum items

bySajid Nawaz
12/02/2016
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: The Lahore High Court sought reply from Ministry of Finance and Law by March 15 on an application moved against the imposition of fixed sales taxes on petroleum products and Section 3 of sales tax act.

As per details, Justice Shahid Waheed heard the case where counsel for applicant argued that Parliament has authority to impose tax under Article 77 of the constitution, but Finance Ministry has imposed tax through notification that is illegal and unconstitutional.

You might also like

FBR revises customs values of sodium sulphate anhydrous vide VR No.2107/2026

25/09/2026

FBR agrees to refund tax collected under struck-down property provision

25/09/2026

He further argued that the government can provide guideline regarding the taxation, but here the government has itself fixed the sales tax and imposed it on petroleum products.

He requested the court to declare the notification for the promulgation of Section 3 of sales tax act illegal.

Related Stories

FBR revises customs values of sodium sulphate anhydrous vide VR No.2107/2026

byCT Report
25/09/2026

ISLAMABAD: FBR has revised customs values for imported sodium sulphate anhydrous, replacing valuation rules that had been in force for...

FBR agrees to refund tax collected under struck-down property provision

byCT Report
25/09/2026

LAHORE: The Federal Board of Revenue (FBR) has agreed to refund tax collected on deemed income from immovable properties under...

OICCI urges investment & export reforms as IMF team visits Karachi

byCT Report
25/09/2026

KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has called for Pakistan to build on recent macroeconomic stabilisation...

SBP launches Pasban Remittance Rewards

byCT Report
25/09/2026

KARACHI: The State Bank of Pakistan (SBP) has launched the Pasban Remittance Rewards program to encourage overseas Pakistanis to send...

Next Post

M/s Dewan Mushtaq Trade evades Rs 668,654 duties, taxes on import of calcium carbonate

  • 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.