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

Rs 407m sales tax: LHC quashes FBR’s notices sent to two sugar mills

byCT Report
20/07/2016
in Lahore
Share on FacebookShare on Twitter

LAHORE: The Lahore High Court has quashed Rs407 million sales tax notices issued to two sugar mills and directed the FBR’s Inland Revenue Tribunal to decide the case again.

Tariq Shafi, the owner of Ittefaq Sugar Mills and Kashmir Sugar Mills, in his petition said that the FBR had sent them sales tax recovery notices for maintaining sugar stocks in 2011.

You might also like

Constitutional Court rules in favour of corporate taxpayers on super tax

17/08/2026

Rs563m bank cheques dishonored during FY 2020-21, says report

15/08/2026

The petitioner’s counsel Advocate Salman Akram Raja argued that the FBR had issued the tax recovery notices without proper assessment and any prior notice to the mills’ management. “The notices were challenged before the Inland Revenue Tribunal that suspended the tax recovery, but directed the mills to deposit 30 per cent amount of the assessed tax with the government. The decision of the tribunal is beyond its jurisdiction,” he said.

However, the board’s counsel told the court that the notices were issued after appropriate assessment.

Justice Shahid Karim directed the tribunal to decide the matter in two months. He also restrained the FBR from taking coercive measure against the petitioner during that period.

Related Stories

Constitutional Court rules in favour of corporate taxpayers on super tax

byCT Report
17/08/2026

ISLAMABAD: The Federal Constitutional Court has delivered an important ruling in favour of corporate taxpayers, declaring that tax credits can...

Rs563m bank cheques dishonored during FY 2020-21, says report

byCT Report
15/08/2026

LAHORE: It has been revealed that bank cheques worth over Rs563.2 million, belonging to industrialists, have been dishonored. The audit...

Petroleum levy collection surges to Rs1.567tr in FY26

byCT Report
13/08/2026

LAHORE: The government collected Rs1.567 trillion through the Petroleum Levy (PL) in fiscal year 2025-26. The figure exceeded the revised...

FBR fails to recover Rs5.62b in taxes from 106 taxpayers

byCT Report
11/08/2026

LAHORE: The Federal Board of Revenue has failed to recover Rs5.62 billion in taxes from 106 taxpayers across 14 field...

Next Post

Customs Intelligence recovers smuggled goods worth Rs 900,000 in second week of July

  • 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.