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 Breaking News

Senior lawyer challenges rise in petroleum prices in SHC

byM.B. Rana
29/06/2020
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Senior lawyer Molvi Iqbal Advocate has approached the Sindh High Court (SHC) and challenges increasing the prices of all petroleum products by up to 27pc to 66 pc through unusual procedure or any summary proposed by the OGRA by the federal government.

On 29 June 2020, senior counsel informed the court that the government on June 26, 2020 decided to increase the prices of all petroleum products by up to 27pc to 66pc through unusual procedure, it is pertinent to mention here the government in its sole discretion superseded rules and regulations and suddenly issued impugned notification effected from June 27, 2020 in this regard all the electronic media  telecasted the news regarding impugned notification and the dealers of petroleum products immediately enhanced the prices of petroleum.

You might also like

Mobile manufacturers warn of IMEI cloning, oppose used phone imports

27/04/2026

Textile exporters warn of factory closures as costs surge, refunds delayed

27/04/2026

He submitted that as per news the step took many by surprise because it was out of schedule and was not prompted by any summary moved by the oil sector regulator, which in the normal procedure.

He argued that most observers agreed that the step has been taken to address ongoing supply chain disruptions that have led to serious shortages in many parts of the country, in large part due to a pricing dispute between the government and the industry.

Citing chairman FBR, chairman OGRA, secretary of Finance, secretary of Petroleum and others , petitioner pleaded the court to declare that increase of petroleum products without placing before the parliament is unjust, unfair, arbitrary and seems to deprives the chosen representative elected by the people of Pakistan. Thus the increase in petroleum prices have no legal sanctity and unconstitutional.

Related Stories

Mobile manufacturers warn of IMEI cloning, oppose used phone imports

byCT Report
27/04/2026

ISLAMABAD: The Pakistan Mobile Phone Manufacturers Association (PMPMA) has raised concerns over the sale of smuggled, stolen and counterfeit mobile...

Textile exporters warn of factory closures as costs surge, refunds delayed

byCT Report
27/04/2026

ISLAMABAD: The textile export industry has raised concerns over rising costs and policy constraints, warning that current conditions could lead...

FBR reforms to eliminate tax evasion, non-filers

byCT Report
27/04/2026

FAISALABAD: The Federal Board of Revenue (FBR) is undertaking extensive reforms and structural changes aimed at completely eliminating tax evasion...

DG Valuation raises customs value on imported used iPhones

byCT Report
27/04/2026

KARACHI: Pakistan Customs has notified revised enhanced customs values for imported old and used Apple iPhones, a move that is...

Next Post

Finance division rejects news reports on Audit Report 2019-20

  • 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.