LAHORE: Lahore High Court (LHC) seeks reply from the Federal Board of Revenue (FBR) in case of sales tax collection from steel industry through electricity bills. Court also stopped the sales tax collection from steel industry through electricity bills.
The counsel of appellant Mahmood Ur Rasheed argued before the court that the sales tax collection on steel industry through electricity bills is already declared illegal. Besides court orders the sales tax included in the electricity bills.
He prayed before the court that court may announce illegal the sales tax collection from steel industry through electricity bills.
After hearing the case LHC stopped sales tax collection from steel industry. Court also seeks reply from the concerned commissioner Inland Revenue on 26 January 2017.