Notices issued in SCRA filed by Collector Customs
KARACHI: An appellate bench of High Court of Sindh (SHC) on Wednesday issued notices to Zahoor Enterprises and Member Judicial (I) of Special Customs Appellate Tribunal in a Special Customs…
Appellate Tribunal grants 30-days stay-order to K-Electric FBR’s decision to freeze company’s accounts is illegal
KARACHI: The decision of Large Tax-payer Units Karachi (LTUs-Karachi) of freezing K-Electric’s accounts from August 31 is against the law as an Appellate Tribunal Inland Revenue (Karachi) had already granted…
SHC dismiss three ITRA by Commissioner Inland Revenue against Insurance companies
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi on Tuesday dismissed three identical Income Tax Reference Applications (ITRAs)…
SHC dismisses SCRA’s filed by I&I, Customs against confiscation of oil tankers
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Abdul Malik Gaddi on Wednesday dismissed two identical Special Custom Reference Applications (SCRA’s)…
FBR’s incompetency affecting its cases in Courts and Tribunals Losing billions of rupee cases in Tribunal as it didn’t follow it properly
KARACHI: The Ministry of Finance through Federal Board of Revenue (FBR) spends millions of rupee for improving tax recovery system and appoints commissioners, assistant commissioners and tax specialist lawyers, but…
Customs values of low-end footwear revised
KARACHI: The Director of Customs Valuation Karachi Wasif Memon has revised the customs values of low-end brands shoes, slippers, sandals, chappals and joggers vide valuation ruling No.902/2016. Customs values of…
Judges recommended by judiciary to hear appeals, head tribunals
KARACHi: A divisional bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmed Khan on Wednesday declined to hear the law points pertaining…
SHC issues notices again in CNG buses case
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Chief Justice Sajjad Ali Shah and Justice Zulfiqar Ahmad Khan on Tuesday ordered repeating notices to the defendants in…
SHC issues notice in two identical Special Tax Reference Appeals
KARACHI: Notices were issued to Orient Lubricants in two identical Special Tax Reference Appeals filed by Commissioner Inland Revenue against order of an Appellate Tribunal dated 15-12-2015. According to the…
ICAP suggests measures for tax base enhancement
KARACHI: The Institute of Chartered Accountants of Pakistan in its budget proposal has given a roadmap to broaden tax base, facilitate already registered taxpayers, abolish tax amnesty schemes and improve…
FPCCI suggests amendments in Customs Act and Rules
KARACHI: The FPCCI Standing Committee of Customs has proposed to insert a new Section in Custom Act, to the effect that wherein orders passed by Courts/Tribunals face no appeals, reservations…
SHC allows provisional release of kitchen appliances
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Muhammad Ali Mazhar and Justice Anwar Hussain on Tuesday allowed provisional release of kitchen appliances imported from China…
Customs Adjudication penalizes lubricating oil importers
KARACHI: Collector Customs Adjudication Ch. Mohammad Javed has penalized several lubricating oil importers for evading Federal Excise Duty levied on import of lubricating oil under PCT 2710.1951 and 2710.1952. The…
SHC issues notices in a dozen identical cases of smuggled Iranian HSD
KARACHI:- An appellate bench of High Court of Sindh (SHC) comprising Justice Muneeb Akhtar and Justice Zafar Ali Khan on Tuesday issued notices to the respondents in about a dozen…
SHC adjourns Customs Reference allowing department to seek instructions
KARACHI: – An appellate bench of High Court of Sindh hearing a Special Customs Reference Application adjourned proceedings till Nov 08 directing the customs department to seek instructions and argue…
Supreme Court suspends SHC order in appeal by Pakistan Customs
KARACHI:-A full bench of Supreme Court of Pakistan (SCP) comprising Chief Justice Anwar Zaheer Jamal, Justice Amir Hani Muslim and Justice Umar Ata Bandial issuing notices in an appeal filed…
SHC stays return of differential amount lying with Nazir on Special Reference by Customs
KARACHI:-A division bench of High Court of Sindh (SHC) comprising Justice Muneeb Akhtar and Justice Ashraf Jahan on Friday issuing an ad-interim order directed the Nazir to not to release…
SHC disposes of petition by Thatta Power against Income Tax demand
KARACHI:- A division bench of High Court of Sindh (SHC) comprising Chief Justice Faisal Arab and Justice Iqbal Kalhoro on Thursday disposed of a constitution petition filed by Thatta Power…
Tribunal strikes down fines & penalties imposed on mobile accessories importer
KARACHI: The Customs Appellate Tribunal has set aside the order passed by Customs Adjudication imposing fines and penalties on mobile accessories importer namely M/s Abdul Aziz & Brothers. According to…
Tribunal sets aside Valuation Ruling No. 618/2013; orders re-determination in accordance with Section 25 of Act
KARACHI: The Customs Appellate Tribunal has set aside the Valuation Ruling 618/2013 and all orders passed during the hierarchy of this Ruling as it was passed in shear violation of…