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What is Sales Tax Refund Dispute Ruling about?
The Inland Revenue Appellate Tribunal of Pakistan ruled that the recovery of sales tax refunds from Messrs Ashar International (PVT) LTD was illegal, as the black-listing of suppliers occurred after the relevant purchases were made. The Tribunal emphasized that Rule 12(5) of the Sales Tax Rules, 2006 does not allow for the recovery of already sanctioned refunds based on subsequent black-listing. Consequently, the show cause notice and related orders were declared void and without jurisdiction, leading to th
- Author
- 56fahad.sultan
- Language
- EN