SHC order restotration of STRN of Shan Associates
KARACHI: An appellate bench of High Court of Sindh (SHC) ordered restoration of Sales Tax Registration of Shan Associates in line with judgment passed earlier in a petition CP-D 8101…
PRESIDENT UPHOLDS FEDERAL TAX OMBUDSMAN’S DECISION ON REFUND OF EXCESSIVE TAX TO MIDDLE INCOME BUYERS OF SUZUKI VEHICLES
KARACHI: Twenty four Complaints were filed against FBR Islamabad and Pak Suzuki Motor Company Limited, in terms of Section 10(1) of the Federal Tax Ombudsman Ordinance, 2000 (FTO Ordinance) for…
Profit over disputed amount with Nazir released to appellant
KARACHI: The Tax Appellate bench of High Court of Sindh comprising Justice Muhammad Shafi Siddiqui and Justice Mahmood A. Khan allowing an appeal ordered release of profit accumulated on amount…
foodpanda thanks PRA on behalf of its homechefs for a much needed relief in sales tax
Lahore: In order to create a favourable business environment, Punjab Revenue Authority decided to provide reduction in sales tax being charged on commissions for home based chefs. The rebate reduced…
Customs, Sales Tax Practitioners Association writes to CJP, CJ SHC about tax bench
KARACHI: The Customs & Sales Tax Practitioner’s Association (CSPA) requested to Chief Justice of Pakistan and Chief Justice of High Court of Sindh to “take appropriate measures and issue instructions…
SHC closes door of direct approach in Custom, Sales Tax FIR cases
KARACHI: Sindh High Court closed the doors for those petitioners/applicants/ accused who challenges registration of FIR of which the trial court i.e. Special Court for Customs, Sales Tax etc has…
Government to bring online markets under sales tax ambit, withdraw zero-rating for petroleum sector
KARACHI: The sale of goods through online market place is proposed to be brought into the sales tax net by deeming the online market place as supplier in respect of…
SHC dismisses SCRAs filed by Collectorates of East (Appraisement), Port Muhammad Bin Qasim
KARACHI: Seven identical Special Custom Reference Applications (SCRA’s) filed by two collectorates of Pakistan Customs filed through Iqbal M. Khurram Advocate were dismissed by a custom appellate bench of High…
SHC rules notice under section 37 without inquiry as “un-sustainable”
KARACHI: Hearing a constitution petition filed by Aachee Garments (pvt) Ltd against Sales Tax authorities, an appellate bench of High Court of Sindh (SHC) comprising Justice Muhammad Junaid Ghaffar and…
SHC dismiss petitions challenging holding of office by Officer of Sales Tax
KARACHI: Five identical petitions filed by different companies including Sahib Din Logistics, SS Corporation, Syed Murtaza Ali Jaffery, Syed Mehdi Abbas Jaffery and Syed Aqeel Abbas Rizvi challenging authority of…
OICCI Taxation Proposals 2021-22 recommends Unified Sales Tax Rate of 13 %
Karachi: The Overseas Investors Chamber of Commerce and Industry (OICCI) submitted comprehensive Taxation Proposals for the Federal Budget 2021-22 which highlight various measures required to streamline the complex tax regime,…
SHC issues pre-admission notices for March 18 in Sales Tax case
KARACHI: Pre-admission notices were issued for March 18 to the Chairman FBR, Member (Sales Tax-Policy) and Commissioner Sales Tax in a petition filed by M/S Imperial Trading Corporation and others…
All hurdles removed in provision of economical CNG OGRA has started issuing licences for new CNG stations Masses will get fuel that is 40 percent cheaper: Ghiyas Paracha
The All Pakistan CNG Association (APCNGA) on Monday said the government is promoting CNG to reduce urban pollution, cut oil import bill and increase employment. The government has taken a…
Judgment reserved in Sales Tax petitions
KARACHI: The judgment was reserved in a bunch of petitions filed against issuance of show cause notices by Sales Tax Authorities in violation of section25/72 of the Sales Tax Act…
Restoration of Zero Rating on Sales Tax – No Payment No Refund is indispensible to resolve liquidity problem of exporters: PDMEA
To resolve liquidity problem of exporters, restoration of Zero Rating on Sales Tax – No Payment No Refund Regime reinstating SRO 1125 is highly indispensible. The current volume of Pakistan…
Restoration of zero-rating of Sales tax to exporters demanded by PAKSEA
The value added textile export sector has reached to the verge of disaster due to severest ever liquidity crisis in the history of Pakistan caused due to imposition of 17%…