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 Islamabad

Pak Hy Oils Ltd moves SHC challenging LTU’s recovery notice

byM.B. Rana
31/05/2017
in Islamabad, Latest News
Share on FacebookShare on Twitter

ISLAMABAD: Pak Hy Oils Limited approached the Sindh High Court (SHC), challenging recovery notice amounting to Rs1,764,544 issued by Deputy Commissioner Inland Revenue E&C Unit-II, Zone-III, Large Taxpayers Unit-II Karachi.

Counsel for the petitioner stated in its constitutional petition that petitioner is a private limited company and engaged in lawful business of manufacturing and supplying of refined petroleum and having STRN.

You might also like

FBR issues new customs values of diesel engines for generators vide VR No2088/2026

10/06/2026
FILE PHOTO: The Habib Bank Limited (HBL) logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. REUTERS/Akhtar Soomro/File Photo

HBL announces 3-day service shutdown following Meezan & Allied Bank

10/06/2026

He argued that his counsel never involved in any tax evasion case, however, deputy commissioner Inland Revenue E&C Unit-II, Zone-III, Large Taxpayers Unit-II Karachi passed an order dated 27/03/2017 under section 11 (2) of the Sales Tax Act 1990 against petitioner and creating the demand of Rs1,764,544 without lawful authority.

According to counsel, being aggrieved, petitioner moved to appellate forum and filed an appeal along with stay application which is still pending for disposal. However during the pendency of such appeal, petitioner has apprehension of coercive action from respondents.

Citing secretary Revenue Division, commissioner Inland Revenue Appeals-IV, commissioner Inland Revenue E&C Unit-II, Zone-III Large Taxpayers Unit-II and deputy commissioner Inland Revenue E&C Unit-II, Zone-III, Large Taxpayers Unit-II Karachi as respondents, petitioner pleaded the court may restrain the tax department from taking any coercive action against it.

Related Stories

FBR issues new customs values of diesel engines for generators vide VR No2088/2026

byCT Report
10/06/2026

KARACHI: The Federal Board of Revenue (FBR) has issued new customs values for imported diesel engines used in generators to...

FILE PHOTO: The Habib Bank Limited (HBL) logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. REUTERS/Akhtar Soomro/File Photo

HBL announces 3-day service shutdown following Meezan & Allied Bank

byCT Report
10/06/2026

KARACHI: Habib Bank Limited (HBL) has officially announced a temporary closure of all its services. Consequently, the massive shutdown will...

Honda Atlas challenges over Rs17b in tax disputes with FBR

byCT Report
10/06/2026

KARACHI: Honda Atlas Cars (Pakistan) Limited has disclosed tax-related contingencies exceeding Rs17 billion in its Annual Report 2026, highlighting multiple...

RCCI delegation meets DG Cannabis Control and Regulatory Authority

byCT Report
10/06/2026

RAWALPINDI: A delegation of the Rawalpindi Chamber of Commerce and Industry (RCCI), led by its President Usman Shaukat and Senior...

Next Post

Customs Appellate Tribunal chairman to hear important cases today

  • 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.