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

SRB challenges tribunal’s order over recovery of Rs 1.549b against Al-Abid Silk Mills

byM.B. Rana
07/12/2016
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) adjourned the hearing of an appeal filed by Assistant Commissioner Sindh Revenue Board (SRB) challenging impugned order of the appellate tribunal over recovery notice of Rs 1.549 billion against M/s Al-Abid Silk Mills Limited.

A two-member bench, headed by Justice Aqeel Ahmed Abbasi, was hearing the appeal. Earlier, counsel for the applicant stated that the respondent is engaged in providing or rendering the taxable services in the matter of manufacturing or processing for others in toll basis and failed to get himself registered with the Sindh Revenue Board. Therefore, a issued show cause notice was issued to the respondent on dated June 2, 2016 directing him to register itself with the SBR and pay the Rs 105, 492, 920 in respect of sales tax during the tax period from July 2013 to May 2015.

You might also like

RCCI celebrates World Egg Day 2026

24/10/2026

Federal govt approves $200m World Bank reform programme for KP

24/10/2026

According to the applicant, respondent neither deposited the sales tax nor registered itself e-filed with the Sindh Revenue Board and filed an appeal before the appellate authorities which was dismissed and also uphold the penalty imposed by applicant, however, said respondent approached appellate tribunal which suspended the amount of the penalty illegally and unlawfully.

Citing M/S Al-Abid Silk Mills Ltd as respondent, applicant pleaded the court may declare that order of the appellate tribunal is illegaly and unlawful. Applicant also pleaded the SHC may set aside impugned order of the appellate tribunal.

Related Stories

RCCI celebrates World Egg Day 2026

byCT Report
24/10/2026

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI), in collaboration with SB Eggs, celebrated World Egg Day 2026 at...

Federal govt approves $200m World Bank reform programme for KP

byCT Report
24/10/2026

ISLAMABAD: The federal government has approved a concept proposal for a $200 million World Bank-funded reform programme in Khyber Pakhtunkhwa....

FBR allows monthly tax instalments on imported phones

byCT Report
24/10/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has allowed eligible individuals in Pakistan to pay sales tax on imported mobile...

Dimer-Bhasha Dam: Chinese JV gets Rs133.18bn contract

byCT Report
24/10/2026

ISLAMABAD: The Water and Power Development Authority (WAPDA) has awarded a major hydro-mechanical contract for the Diamer-Bhasha Dam project to...

Next Post

Multan Customs Intelligence impounds vehicles, goods worth Rs 33.3m in Nov

  • 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.