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Total: 39 results found.

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1. Importers face problems in cargo clearance
(Highlights/Business News)
Wednesday, 17 July 2013
2.
(Highlights/Business News)
Wednesday, 15 May 2013
Wednesday, 26 December 2012
...  commissioner on May 7. 2012, for adjudication. The contravention report found that under Sales Tax Act 1990, zero-rated sales does not apply to purchases for construction material. The report also determine ...
Monday, 10 September 2012
5. Natural justice and tax proceedings
(Economic Updates/Exclusive Articles)
... 1990 in the various provisions of the Sales Tax Act relating to adjudication of cases". The relevant sections of the Sales Tax Act, 1990 referred to in the above judgement at the material time read ...
Friday, 20 January 2012
6. SC asks tax ombudsman, NAB, FBR to jointly probe container scam
(From International Desk/Special Reports)
... adjudication and show-cause notices had been issued over the missing of 18,653containers. So far 376 cases covering 560 containers have been adjudicated which involve Rs1.9 billion. The court asked FBR ...
Wednesday, 21 December 2011
7. FBR defers CNIC/NTN condition till Dec 31
(Economic Updates/Pak Major Financial News)
...  Executive and Adjudication in sales tax cases were two separate forums and would be separated, and for this purpose, Section 45 of Sales Tax Act 1990 would be restored. On the issue of under-invoicin ...
Saturday, 29 October 2011
8. FBR defers CNIC/NTN condition till Dec 31
(Highlights/Business News)
...  Executive and Adjudication in sales tax cases were two separate forums and would be separated, and for this purpose, Section 45 of Sales Tax Act 1990 would be restored. On the issue of under-invoicin ...
Saturday, 29 October 2011
... pending adjudication before the Islamabad High Court where the matter was taken up on 09-05-2011 and was adjourned to a date in office. Further, on the recommendation of Commission, the name of Nadeem ...
Wednesday, 12 October 2011
...  termination or retrenchment is pending adjudication before a court of competent jurisdiction shall be deemed to be an employed person in that establishment. This explanation will lead to misgiving ...
Wednesday, 28 September 2011
... under investigation/adjudication. Besides, retirement/transfer of any of the members of the Commission may also cause legal incompetence for the Commission to hand down final decisions in cases/investigations ...
Wednesday, 03 August 2011
12. Our energy woes and the way forward
(Economic Updates/Exclusive Articles)
... plication and adjudication of those rules is to be the subject of due public process, where price is not determined by the market forces. International transparency moves and initiatives these days even g ...
Wednesday, 27 July 2011
... the three members of the Commission (including Chairman) for every single matter under investigation/adjudication. Besides, retirement/transfer of any of the members of the Commission may also cause legal ...
Wednesday, 27 July 2011
... revision of sales tax return without permission of the sales tax authority should be allowed. Other issues included separation of tax judicial/adjudication system from administration, levying of income ...
Tuesday, 12 July 2011
... down period of time-barred cases, adjudication, recovery demands and issuance of show cause notices etc. Tax experts told Business Recorder here on Saturday that the powers of the tax officials of Inland ...
Monday, 13 June 2011
... revenue of Rs 3. 52 billion due to non-adjudication was pointed out in 168 cases, (iv) non/short-realisation of government revenue of Rs 17. 4 billion was noticed in 5,438 cases, (v) excess payment of ...
Tuesday, 31 May 2011
... illegal business of and dealing in fake prize bonds. The Bill further seeks to specify the penalty and forum for the adjudication of the offence of illegal dealings in prize bonds. Insertion of section ...
Wednesday, 04 May 2011
... the Customs Act, 1969. Only Customs Courts are the competent authority for proper adjudication of such vehicles confiscated by the said agencies. These agencies have to hand over such smuggled vehicles ...
Monday, 28 March 2011
...  of Call Center and official Spokesperson of FBR. The FBR Member (Legal) would be responsible for the monitoring the quasi-judicial functions of Collectorate of Adjudication, Commissioners of Income Ta ...
Wednesday, 09 March 2011
... s of the FEMA and Customs Act and sent the matter for adjudication to customs, they said. The customs department imposed a penalty of Rs 1. 5 million on each of them but they have not paid the penal ...
Monday, 21 February 2011
21. Lack of documentation: FBR ready for amendment in Sales Tax Act
(Economic Updates/Pak Major Financial News)
... , 2009. The RTO said that the adjudication proceedings were still in progress. The DAC showed its serious concern for delay in finalising the adjudication proceedings, and directed the RTO to expedi ...
Thursday, 20 January 2011
...  (Electronic) refund payment system. Tax compliance shall be encouraged through transparent and fair audit system with increased use of modern information technology. The FBR further said that the adjudication ...
Saturday, 13 November 2010
23. FBR is the epitome of thoughtlessness
(Economic Updates/Exclusive Articles)
... of an audit within two months. -- Seek explanation of defaulting officers, expedite adjudication/recovery and furnish report within two months. -- Complete post-refund audit within ...
Friday, 29 October 2010
24. AG office unearths massive misuse of DTRE
(Highlights/Business News)
... adjudication process in the cases involving Rs 34. 556 million, and also to follow the cases involving Rs 0. 217 million stuck up in the courts for early decision/recovery etc. It has been fur ...
Thursday, 28 October 2010
... nd also report progress on improvement in system as a result of audit objection within two months. The committee has directed FBR to seek explanation of defaulting officers, expedite adjudication/recov ...
Monday, 25 October 2010
26. Pakistan worst in corruption
(Highlights/Business News)
... world. The high crime rates in the region may be related to the generally poor performance of the criminal investigation and adjudication systems, it said. Mexico and Bolivia were the worst countries ...
Friday, 15 October 2010
27. Millers want 35pc duty on sugar imports
(Highlights/Business News)
... adjudication of the constitutional petition by the confectionary industry.The court has also asked the authorities concerned to furnish rationale behind imposition of any such duty, which is on the cards. ...
Saturday, 15 May 2010
28. SBP allowed to regulate CIBs
(SBP Diary/SBP News)
...  credit institutions. However, in case the offence is committed by any other person, adjudication would rest with the banking courts and high courts. Dispute resolution mechanism by the Banking Ombudsma ...
Monday, 03 May 2010
... to appoint officers of Inland Revenue and specify their functions and powers besides creating chain of command. The order of departmental adjudication in tax disputes at operational levels to be passed ...
Thursday, 29 April 2010
... ed tax liability has been adjudged or determined through adjudication observing all the principles of natural justice. Detailed recovery procedure shall be included in the VAT rules. There is no conc ...
Thursday, 15 April 2010

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