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 Business

Taxes on related products: CJP summons petroleum minister

byCT Report
28/09/2018
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The Supreme Court summoned on Friday the federal minister for Petroleum, Ghulam Sarwar Khan in a petition regarding the imposition of different taxes on gas and petroleum products.

A bench headed by Chief Justice of Pakistan Justice Mian Saqib Nisar is hearing a petition regarding heavy taxes levied on petroleum products, electricity and gas bills.

You might also like

Railways ML-1 upgradation project to start this year, estimated cost set at $6.66b

14/05/2026

flydubai suspends flights to Islamabad, Lahore and Peshawar until October

13/05/2026

National Accountability Bureau (NAB) special prosecutor Akbar Tarar and Pakistan State Oil’s (PSO) counsel, Mehmood Mirza, appeared before the court.

As the hearing began, PSO’s counsel submitted a report regarding prices of petroleum products before the bench and said the prices are high owing to management and sales affairs.

To this, the Chief Justice remarked that there was an unjust increase in the prices of petroleum products, following which he referred the matter to NAB.

Justice Nisar then said, “If Petroleum Minister Ghulam Sarwar Khan is in town call him.”

When the Chief Justice questioned “where the chief executive officer is who draws Rs3.7 million?”, the PSO counsel responded he has retired.

The NAB special prosecutor then informed the court, “During the previous government’s term, a PSO managing director was appointed to benefit one person.”

To this, Justice Nisar remarked, “Call Shahid Khaqan Abbasi and ask him why this happened.”

“NAB should go after such cases and leave tehsildars. The nation should know what has happened with them,” he said.

Justice Nisar then asked the NAB special prosecutor about Ahad Cheema, to which Tarar said, “We have prepared cases.”

The chief justice also expressed anger at PSO for hiring a private lawyer and asked Mirza how much fee he is being paid. “State intuitions are sinking in debt but they hire private counsels, PSO should have asked the attorney general to represent it.”

Earlier, the petroleum minister expressed that they will particularly review the price of diesel and ensure to make its price on par with the price of petrol which was cheaper than petrol before 2004 and now its price is higher than the petrol.

Sarwar said that efforts will be made to improve the local production of refined and crude petroleum products which is presently at 15 percent against 85 percent of imports. He added the ministry will strengthen the role of OGDCL to improve local production.

Related Stories

Railways ML-1 upgradation project to start this year, estimated cost set at $6.66b

byCT Report
14/05/2026

ISLAMABAD: The Ministry of Railways has presented a detailed plan in the National Assembly for the upgradation of the 1,726-kilometre...

flydubai suspends flights to Islamabad, Lahore and Peshawar until October

byCT Report
13/05/2026

KARACHI: UAE-based carrier flydubai has suspended its flight operations to and from Islamabad, Lahore and Peshawar until October 26, citing...

Punjab, China open International Agri Exhibition & Conference 2026 in Lahore

byCT Report
11/05/2026

LAHORE: Punjab Minister for Industry and Commerce Chaudhry Shafay Hussain and Chinese Consul General Sun Yan inaugurated the 19th International...

Govt to build 500MW floating solar project at Keenjhar Lake

byCT Report
08/05/2026

KARACHI: The government has planned a 500-megawatt floating solar power project at Keenjhar Lake in Sindh with an estimated cost...

Next Post

NAB probe another graft scandal of Sharif brothers

  • 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.