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

SHC seek comments from tax authorities on petition filed by M/s Khalid Agencies

byM.B. Rana
22/10/2016
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) has directed the tax authorities to file para wise comments on the next hearing on a constitutional petition filed by M/s Khalid Agencies (Private) Limited seeking re-validation of its private bonded warehouse which was not renewed/re-validated since 2004.

A two-member bench comprising Justice Munib Akhtar and Justice Saeeduddin Nasir was hearing the petition. During the hearing, counsel for the Customs Department sought some time to submit para wise comments, therefore, the court adjourned the hearing for November 11, 2016.

You might also like

Pakistan eyes $25m annual buffalo genetics exports to China

11/06/2026
Laden Pakistani trucks are seen near Torkham, close to the Pakistan-Afghanistan border, on April 14, 2017, a day after the US military dropped a largest non-nuclear bomb on an Islamic State complex in Afghanistan.


Trade in and out of Afghanistan from Pakistan appeared to be flowing as normal, however, with traffic at the Torkham border crossing apparently undisturbed,  despite the historic detonation roughly 50 kilometres away. / AFP PHOTO / ABDUL MAJEED        (Photo credit should read ABDUL MAJEED/AFP via Getty Images)

Afghan route closure weighs on Pakistan-Central Asia trade, exports fall 9%, imports plunge 88%

11/06/2026

Earlier, counsel for the petitioner stated that petitioner is a license holder of a private bonded warehouse which license was granted by the Collector of Custom Preventive.

According the petitioner, without disclosing any reason or issuing show cause notice the license of the bonded warehouse was not renewed/re-validated since July 2004 despite the fact that the petitioner submitted application for renewed/re-validation of license on July 03, 2004.

Counsel argued that officials of the custom authorities registered a FIR dated September 04, 2004 regarding the alleged tax fraud case which is under progress till date. Grievance of the petitioner is that the diplomatic bonded warehouse ceased to function after expiry of the licence on June 30, 2004 which has not been renewed/re-validated by the respondents arbitrary.

Citing Chairman Federal Board of Revenue (FBR) and the Collector of Customs Preventive as respondents, petitioner pleaded the court may direct the respondents to the warehouse license no PWL 1/84 (diplomatic) of the petitioner by renewed/ revalidated till the petitioner be allowed to do the business till the petitioner is proved guilty or otherwise.

 

Related Stories

Pakistan eyes $25m annual buffalo genetics exports to China

byCT Report
11/06/2026

ISLAMABAD: Pakistan has signed a Material Transfer Agreement (MTA) with China's Royal Group to export buffalo genetic material, opening a...

Laden Pakistani trucks are seen near Torkham, close to the Pakistan-Afghanistan border, on April 14, 2017, a day after the US military dropped a largest non-nuclear bomb on an Islamic State complex in Afghanistan.


Trade in and out of Afghanistan from Pakistan appeared to be flowing as normal, however, with traffic at the Torkham border crossing apparently undisturbed,  despite the historic detonation roughly 50 kilometres away. / AFP PHOTO / ABDUL MAJEED        (Photo credit should read ABDUL MAJEED/AFP via Getty Images)

Afghan route closure weighs on Pakistan-Central Asia trade, exports fall 9%, imports plunge 88%

byCT Report
11/06/2026

ISLAMABAD: Pakistan's trade with five Central Asian countries came under pressure in the first 10 months of FY2025-26 following the...

PTBA raises legal concerns over fixed tax scheme for small shopkeepers

byCT Report
11/06/2026

ISLAMABAD: The Pakistan Tax Bar Association (PTBA) has expressed serious legal and procedural concerns regarding the Fixed Tax Scheme (FTS)...

LHC rejects plea to suspend agricultural tax notifications

byCT Report
11/06/2026

LAHORE: The Lahore High Court on Wednesday turned down a request to suspend the impugned notifications about agricultural tax and...

Next Post

LCCI urges govt to tax amnesty for real estate sector

  • 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.