Suo motu on POL price hike: SC summons FBR officials

BusinessSuo motu on POL price hike: SC summons FBR officials

ISLAMABAD: The Supreme Court of Pakistan issued summons for officials in the Federal Board of Revenue (FBR) on Friday, expressing its reservations on the increase ordered in the general sales tax which has resulted in a price-hike of consumer goods and petroleum products without the approval of the finance bill by the Parliament.

A three-member bench of the apex court headed by Chief Justice Iftikhar Muhammad Chaudhry was hearing a suo motu notice of the increase in prices of petroleum products ordered on the basis of announcements made by Finance Minister Ishaq Dar in his federal budget 2013-14 speech.

During the hearing, the chief justice questioned as to how the increase in GST proposed in the finance bill could be implemented without its adoption by the Parliament.

The Chief Justice said that the court had reservations on the collection of the increased GST and that the additional tax collected in this respect should be returned to the public.

Moreover, the apex court directed the authorities to produce the notification for implementing the increased GST.

Responding to which, the government’s top law officer and Attorney General Munir A. Malik said he did not have a copy of the document.

Following which, the bench summoned FBR officials along with the notification authorising the implementation of the proposed increase in GST.

DND

Must read

Recent News

Dr. Attia Anwar

Good and nourishing food, the pillar for wellbeing

0
By Dr. Attia AnwerThe food we eat has a role in our physical and mental health. First of all physical health and mental...

Lt. Gen. S M Kamr-ul-Hassan of Bangladesh met COAS Gen Asim Munir and CJCSC...

0
Rawalpindi, Pakistan: Lieutenant General S M Kamr-ul-Hassan, Principal Staff Officer (PSO) of the Armed Forces Division of Bangladesh, is visiting Pakistan and met with...
Remembering Operation Zarb-e-Azb--- An action to clean terrorism from Pakistan

Pakistan’s Security Situation 2024: 444 terrorist attacks against security forces, resulting in 685 personnel...

0
Monitoring Desk: The year 2024 has proven to be the deadliest year in Pakistan in terms of security forces and civilian casualties in the...
Pakistani students participate in Harvard Model United Nations Dubai 2025

Pakistani students participate in Harvard Model United Nations Dubai 2025

0
Press ReleaseDubai, UAE: Harvard University’s International Relations Council (IRC), in collaboration with WorldView Education, organized the Harvard Model United Nations (HMUN) Dubai 2025 from...

Indian Visa Bumper Sale for Afghans

0
Monitoring Desk: After establishing a strategic partnership, India reopened the "e-Emergency X-Misc Visa" category for Afghans this week in Dubai so both countries can...
Advertisement