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 seeks comments from Sindh Revenue Board on Rs 27m tax notice

byMuhammad Yousaf
01/10/2015
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) on Wednesday directed the officials of Sindh Revenue Board to file comments on a petition of Noarsh Shipping Services (Private) Limited through which it challenged SRB’s notice for recovery of Rs 27 million tax.

Noarsh Shipping submitted that it was issued a show-cause notice by SRB, informing it that the services being provided by it are taxable under section of Sindh Sales Tax on Service Act 2011 and it is liable to pay 16 percent sales tax of total value of taxable services. The petitioner firm was asked to explain as to why it had failed to file sales tax returns for periods from July 2011 to June 2012 and July 2012 to June 2013.

You might also like

Goods transporters announce 5pc increase in freight charges amid petrol price hike

09/09/2026

FBR redraws enforcement map to crackdown on illicit money flows

09/09/2026

Subsequently, the petitioner filed a reply to the show-cause notice before SRB’s officer who later issued an Order-in-Original upholding the claim of the SRB.

The petitioner’s counsel told the judges that the petitioner approached the SRB’s commissioner Appeals against ONO and the matter is still pending but the SRB officials issued notice for recovery of Rs 27 millions unlawfully and ordered freezing of the bank accounts of petitioner. He complained to the judges that the unlawful act of the SRB officials had affected the petitioner’s business.

The petitioner, therefore, pleaded to the court to order the authorities to withdraw the recovery notice and order de-freezing of its bank accounts so that it could resume its business activities.

Related Stories

Goods transporters announce 5pc increase in freight charges amid petrol price hike

byCT Report
09/09/2026

LAHORE: The Goods and Transport Association of Pakistan has announced a 5% increase in freight fares following the government’s decision...

FBR redraws enforcement map to crackdown on illicit money flows

byCT Report
09/09/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has overhauled how it monitors non-financial businesses and professions for money laundering and...

FBR mandates 5pc tax on social media influencers & content creators

byCT Report
09/09/2026

ISLAMABAD: The Federal Board of Revenue (FBR) is officially taxing digital income. Consequently, the FBR will enforce a 5% Withholding...

No more office visits: MCI digitises business licences

byCT Report
09/09/2026

ISLAMABAD: Metropolitan Corporation Islamabad (MCI) has fully digitised its municipal licence services, eliminating manual processing and allowing applicants to secure...

Next Post

Sialkot ASO impounds non-duty paid Toyota Vitz

  • 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.