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 Karachi

M/s Master Motor Corp moves SHC against tax recovery notice by Inland Revenue Audit Unit-IV

byM.B. Rana
15/05/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: M/s Master Motor Corporation (Private) Limited has moved Sindh High Court (SHC), challenging impugned notice issued by assistant commissioner Inland Revenue Audit Unit-IV, Zone-II LTU Karachi for recovery of the alleged evaded sales tax and penalty .

In its constitutional petition, the company stated that it is engaged in the lawful business of assembling and sales of light trucks of Chinese brand and always pays all liabilities properly.

You might also like

Saudi Asyad Group pledges to expand investment in Pakistan, eyes airport privatisation

27/08/2026

PAAPAM urges govt to retain one-year used-car transfer ban in Auto Policy 2026-31

27/08/2026

According to the petitioner, the respondent issued a show cause notice to it under section 4 (2) of the Sales Tax Act 1990, alleging a few discrepancies, therefore, the petitioner submitted its reply along with all the relevant documents. Having found the reply unsatisfactory, the officials of the tax authority issued the notice requiring the petitioner to pay the evaded sales tax along with penalty.

He further submitted that being aggrieved, it moved an appeal before commissioner Inland Revenue Appeals-II Karachi which is still pending for disposal, and however, during pendency of such appeals, petitioner is being threatened by officials of the tax department.

Citing Secretary Ministry of Finance, chairman Federal Board of Revenue (FBR), commissioner Inland Revenue Appeals-III, commissioner Inland Revenue Zone-II LTU, assistant commissioner Inland Revenue Audit Unit-IV, Zone-II LTU Karachi as respondents, petitioner pleaded the court may restrain them from taking any coercive action against the petitioner and direct Commissioner Inland Revenue Appeals to decide its appeal within reasonable period.

 

Related Stories

Saudi Asyad Group pledges to expand investment in Pakistan, eyes airport privatisation

byCT Report
27/08/2026

ISLAMABAD: Saudi investor Asyad Group has expressed its commitment to expand its existing investments in Pakistan and explore new opportunities...

PAAPAM urges govt to retain one-year used-car transfer ban in Auto Policy 2026-31

byCT Report
27/08/2026

ISLAMABAD: The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has urged the government to retain safeguards against the...

Iran bans Pakistani firm over exporting untreated mangoes

byCT Report
27/08/2026

ISLAMABAD: Iran has officially banned a Pakistani hot water treatment facility after detecting pest contamination in exported mango shipments, sparking...

Madrassas set to join formal banking system after landmark agreement

byCT Report
27/08/2026

KARACHI: Religious leaders, the State Bank of Pakistan (SBP) and financial institutions have agreed on a plan to resolve the...

Next Post

Pakistan Customs to use Chinese software to evaluate imports

  • 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.