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 Lahore

FTO adjourns tax refund appeal against RTO Sialkot until next date

byCT Report
24/11/2017
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: The Federal Tax Ombudsman (FTO) has adjourned the hearing of a case filed by Muhammad Jameel, a resident of Gujrat, against the Regional Tax Office (RTO), Sialkot, until the next hearing.

According to details, FTO Advisor Mian Munwar Ghafoor heard the case in which counsel for the appellant argued that the RTO had failed to release the sales tax refund of the last two years claimed by the company.

You might also like

Pakistan, Iran agree to keep border crossings open round the clock to boost trade

15/08/2026

Rs563m bank cheques dishonored during FY 2020-21, says report

15/08/2026

He said the RTO collected excessive tax from Muhammad Anwar for the last two years. He approached the commissioner concerned many times for issuance of refunds but the RTO officials did not pay refunds even after the passage of reasonable time.

At the end, the company decided to approach the FTO seeking interference in this case. The counsel appealed the FTO advisor to direct the RTO to clear refund claims. The counsel further said the RTO should refund the excessive collection in the wake of taxes by the end of financial year but the situation is quite otherwise. Delay in issuance of refunds put burden on taxpayers, he said, adding the RTO Sialkot should audit cases and release extra amount collected from the taxpayers.

On the other hand, counsel for the RTO argued that appellant Muhammad Anwar has not submitted all the record to the office on which basis it is claiming for refunds. If appellant provides accurate record, the RTO will issue refunds, if any, after a proper assessment.

After hearing arguments from both sides, Advisor Mian Munwar Ghafoor adjourned the hearing of case until next date for further hearing and directed the parties to appear on said date to present arguments.

Related Stories

Pakistan, Iran agree to keep border crossings open round the clock to boost trade

byCT Report
15/08/2026

ISLAMABBAD: Pakistan and Iran on Wednesday agreed to further expand trade ties by keeping border crossings open round the clock,...

Rs563m bank cheques dishonored during FY 2020-21, says report

byCT Report
15/08/2026

LAHORE: It has been revealed that bank cheques worth over Rs563.2 million, belonging to industrialists, have been dishonored. The audit...

FBR slaps new daily fines on delayed customs clearance starting Oct 1

byCT Report
15/08/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has introduced new graded penalties for delays in filing goods declarations and clearing...

Pakistan’s foreign exchange reserves rise by $14m to $22.5b

byCT Report
15/08/2026

KARACHI: Pakistan’s total liquid foreign exchange reserves increased by $14 million during the week ended August 7, 2026, reaching $22.498...

Next Post

Another loan of $500 million

  • 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.