KARACHI: The Commissioner Inland Revenue, Zone-IV, Large Taxpayer Unit-II approached the Sindh High Court (SHC), challenging impugned order of the Appellate Tribunal Inland Revenue (ATIR) Karachi bench over recovery of Rs 200 million from M/s Imran Ship Breaking Company.
The applicant’s counsel stated in its constitutional petition that M/s Imran Ship Breaking Company is engaged in business of import.
The counsel for the department argued that during scrutiny of returns for the period from June 2013 to May 2014, it was revealed that M/s Imran Ship Breaking Company had not discharged its responsibility and failed to charge and paid further tax against supplies made to the unregistered persons, therefore, said company had violated the provisions of the sub-section (14-A) of the section of the Sales Tax Act, 1990.
Consequently, a show cause notice was issued to the said company in which charge levied regarding recoverable amounting to Rs20,0983,083/- along with default surcharges. However said company filed an appeal before the appellate tribunal which set aside impugned demand notice of the applicant.
Citing M/s Imran Ship Breaking Company and Appellate Tribunal Inland Revenue as respondents, applicant pleaded the SHC may set aside impugned order of the appellate tribunal and restore its show cause notice regarding recovery of Rs 200 million.
