SHC puts AG Sindh on notice in ST over Cotton seeds
KARACHI: The Advocate General Sindh was put on notice by an appellate bench of High Court of Sindh in a petition challenging a SRO levying Sales Tax on Cotton Seed…
Customs amends section 221-A of Customs Act 1969 SC disposes of departmental appeals in RD cases
KARACHI: A full bench of Supreme Court of Pakistan comprising Justice Mian Saqib Nisar, Justice Umar Ata Bandiyal and Justice Ijaz-ul-Hasan disposed of appeals filed by Customs department after its…
Reduction in import duties on MDF demanded by of value addition industries and importers of MDF
The importers of Raw Medium Density Fiberboard (MDF) have demanded from the government to reduce the import duty on raw MDF from 17 per cent to 5 per cent to…
Importer penalised for availing inadmissible sales tax concessions
KARACHI: Collector of Customs Adjudication Dr. Shazia Ikram has penalised an importer and clearing agent for evading government revenue through claiming inadmissible benefit of concessionary SRO on the import of…
Textile company penalized for evading government revenue
KARACHI: Collector Customs Adjudication Chaudry Mohammad Javaid has imposed a penalty of Rs5.0 million on M/s Magna Textile Industries Pvt Ltd along with the payment of Rs25.57 million duty/taxes evaded…
Dozens of SCRA’s adjourned until March 10
KARACHI: The hearing of more than 50 Special Custom Reference Applications (SCRA’s) filed by different importers/ companies was adjourned till March 10 by an appellate bench of High Court of…
Misuse of concessionary SRO; Customs Intelligence lodges FIR
KARACHI: Customs Intelligence & Investigation (Enforcement) has lodged an FIR against an importer for evading government’s legitimate revenue through misuse of SRO 492(I)/2009. Brief facts of the case are that…
Customs Appellate Tribunal bench II set aside imposition of penalty, fine
KARACHI: The Customs, Appellate Tribunal, Bench II Karachi comprising Tahir Zia, Member (Judicial) deciding an appeal K-137/2015 filed by M/s Naseem Autos Lahore declared imposition of penalty and fine by…
Customs Tribunal special bench relinquishes penalty, fine in appellant favour
KARACHI: The Customs, Federal Excise and Sales Tax Appellate Tribunal, Special Branch Karachi comprising Ghulam Murtaza Bhatti, Member (Judicial) and Khawaja Umar Mehdi Member (Technical) deciding an appeal filed by…
SHC orders restoration of User ID of Mumtaz Ghani Textiles
KARACHI:- A division bench of High Court of Sindh (SHC) comprising Justice Sajjad Ali Shah and Justice Muhammad Junaid Ghaffar on Tuesday ordered restoration of User ID of Mumtaz Ghani…
Tax fraud case: Bail plea hearing fixed for Sept 21
KARACHI: The hearing of a Special Criminal Bail Application filed by a facilitator in a tax fraud case is fixed for September 21, 2015 at High Court of Sindh. According…