AGL 24.24 Increased By ▲ 0.77 (3.28%)
AIRLINK 107.70 Increased By ▲ 1.59 (1.5%)
BOP 5.12 Decreased By ▼ -0.05 (-0.97%)
CNERGY 3.63 Decreased By ▼ -0.03 (-0.82%)
DCL 7.32 Decreased By ▼ -0.48 (-6.15%)
DFML 42.10 Decreased By ▼ -2.09 (-4.73%)
DGKC 88.80 Increased By ▲ 0.30 (0.34%)
FCCL 21.75 No Change ▼ 0.00 (0%)
FFBL 41.85 Decreased By ▼ -0.67 (-1.58%)
FFL 8.61 Decreased By ▼ -0.14 (-1.6%)
HUBC 148.75 Increased By ▲ 0.95 (0.64%)
HUMNL 10.14 Decreased By ▼ -0.11 (-1.07%)
KEL 4.28 Decreased By ▼ -0.06 (-1.38%)
KOSM 3.59 Decreased By ▼ -0.20 (-5.28%)
MLCF 36.20 Decreased By ▼ -0.20 (-0.55%)
NBP 47.75 Decreased By ▼ -1.55 (-3.14%)
OGDC 129.10 Decreased By ▼ -1.75 (-1.34%)
PAEL 25.75 Decreased By ▼ -0.20 (-0.77%)
PIBTL 6.00 Decreased By ▼ -0.05 (-0.83%)
PPL 113.65 Decreased By ▼ -0.90 (-0.79%)
PRL 22.30 Decreased By ▼ -0.30 (-1.33%)
PTC 12.10 Decreased By ▼ -0.27 (-2.18%)
SEARL 54.98 Decreased By ▼ -0.72 (-1.29%)
TELE 7.11 Decreased By ▼ -0.14 (-1.93%)
TOMCL 37.11 Increased By ▲ 0.71 (1.95%)
TPLP 7.76 Decreased By ▼ -0.19 (-2.39%)
TREET 15.00 Decreased By ▼ -0.29 (-1.9%)
TRG 55.54 Decreased By ▼ -1.16 (-2.05%)
UNITY 31.20 Decreased By ▼ -0.65 (-2.04%)
WTL 1.15 Decreased By ▼ -0.02 (-1.71%)
BR100 8,248 Decreased By -46.7 (-0.56%)
BR30 25,878 Decreased By -223.8 (-0.86%)
KSE100 78,030 Decreased By -439.8 (-0.56%)
KSE30 25,084 Decreased By -114.2 (-0.45%)

ISLAMABAD: The Federal Board of Revenue (FBR) has laid down guidelines for the field formations for implementation of the orders passed by the Appellate Tribunal (Customs) or other adjudicating forums in certain circumstances.

In this regard, the FBR Thursday issued a custom general order (CGO) 2 of 2024 on the instructions regarding implementation of Order of Islamabad High Court, Islamabad in W.P.No.537/2024 & 710/2024. In compliance of the Islamabad High Court, Islamabad’s Orders dated 04.03.2024 in writ petitions (WPs) No.537/2024 and WP No.710/2024, the FBR, in exercise of powers conferred under section 223 of the Customs Act, 1969, has laid down the following guidelines to be observed by the field formations to ensure that:-

FBR extends deadline for ST, excise return filing

(i); The orders passed by the Appellate Tribunal or any other adjudicating forum are given effect except, where stay orders have been sought and/or issued from the next appellate forum.

(ii); Appeals/reference filed by the department are invariably accompanied by urgent applications for interim injunctions/stay against operation of impugned orders.

(iii); Application for early hearing of stay application of appeal/reference is filed invariably, FBR added.

Copyright Business Recorder, 2024

Comments

Comments are closed.