GST suo motu case: SC to announce verdict today

BusinessGST suo motu case: SC to announce verdict today

ISLAMABAD: The Supreme Court of Pakistan (SC) will make public its reserved verdict on a suo motu case regarding the imposition of 17 percent general sales tax (GST) at increased rates proposed in the budget.

A three-member bench headed by Chief Justice Iftikhar Muhammad Chaudhry yesterday reserved its ruling in the case.

During the hearing, CJ Chaudhry remarked that the court does not prevent the government from imposing a tax but, the procedural mechanism employed to ramp up GST from 16 to 17 percent, is unacceptable.

He also noted that the government raised one per cent GST; but, the shopkeepers pushed it up to 15 per cent in prices of basic commodities, adding the provincial governments have no control over prices; hence, everyone is spurring the prices at their own will.



The Federal Board of Revenue (FBR) does nothing where it should, if the board functions properly, the revenues could easily be collected, he added.

Asad Haroon
Asad Haroon
A netpreneur, blogger and above all; A Human :) Asad tweets from @aghaasadharoon

Must read

Recent News

Mayi Ri drama episode 63

Mayi Ri Drama Episode 63 Review | 4th October 2023

0
Mayi Ri drama Episode 63 came on-air today on 4th October 2023 at 7:00 pm. Today was the 2nd last episode of Mayi Ri...

Kazakhstan Seeks Role of Religious Leaders for Maintaining Interfaith Harmony

0
By Raza SyedIn recent years, Kazakhstan has emerged as a prominent peace-loving nation in the world arena. Since the time of its independence, the...
Best Moisturizers in Pakistan for winter

10 Best Moisturizers in Pakistan for Winter 2023

0
As soon as the seemingly never-ending summer finally ends and it is finally time to embrace the chilly winter season in Pakistan, a big...

Health Ministry, NADRA introduce Mera Sehat Card Mobile Application

0
ISLAMABAD, Pakistan: The Ministry of National Health Services, Regulations and Coordination (MoNHSRC) and National Database and Registration Authority (NADRA) and have jointly launched the...

NCHR launches four-month long campaign “Empower Her”

0
ISLAMABAD, Pakistan: The National Commission for Human Rights (NCHR) is all set to launch its unique four-month long campaign titled “Empower Her” to promote...
Advertisement