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Print Print 2019-12-11

Track & trace system: FBR fails to submit report before IHC

Federal Board of Revenue (FBR) Tuesday failed to submit the requisite report before the Islamabad High Court (IHC) on the grant of license of track and trace system for tobacco products to the M/s Radio & Telecommunication Corporation (NRTC). It is learnt
Published 11 Dec, 2019 12:00am

Federal Board of Revenue (FBR) Tuesday failed to submit the requisite report before the Islamabad High Court (IHC) on the grant of license of track and trace system for tobacco products to the M/s Radio & Telecommunication Corporation (NRTC). It is learnt that the IHC has fixed December 19 as next date of hearing of the case.

Earlier, the IHC had issued notice to the FBR to file report on the grant of license of track and trace system for tobacco products to the NRTC.

According to the last IHC order, the notice has been issued to FBR and until the next date of hearing, status quo is directed to be maintained. The IHC order said that the petitioner company assailed the order dated 29.10.2019, whereby the Federal Board of Revenue (respondent No. 1) granted a license to the NRTC (respondent No. 8) at a price of Rs 731 per 1,000 stamps for a period of five years to establish, maintain and operate the whole process/system of track and trace system for tobacco products in Pakistan subject to terms and conditions as stipulated in Licensing Rules, 2019, Invitation for Licensing (IFL) and other relevant laws.

Copyright Business Recorder, 2019

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