AIRLINK 199.23 Increased By ▲ 1.26 (0.64%)
BOP 9.93 Decreased By ▼ -0.11 (-1.1%)
CNERGY 7.35 Increased By ▲ 0.06 (0.82%)
FCCL 38.79 Increased By ▲ 2.79 (7.75%)
FFL 16.83 Decreased By ▼ -0.08 (-0.47%)
FLYNG 27.54 Increased By ▲ 2.50 (9.98%)
HUBC 135.07 Increased By ▲ 1.04 (0.78%)
HUMNL 14.40 Increased By ▲ 0.26 (1.84%)
KEL 4.77 Decreased By ▼ -0.01 (-0.21%)
KOSM 6.82 Decreased By ▼ -0.12 (-1.73%)
MLCF 46.19 Increased By ▲ 1.21 (2.69%)
OGDC 217.20 Decreased By ▼ -1.03 (-0.47%)
PACE 6.94 No Change ▼ 0.00 (0%)
PAEL 41.21 Decreased By ▼ -0.21 (-0.51%)
PIAHCLA 17.00 Increased By ▲ 0.14 (0.83%)
PIBTL 8.51 Increased By ▲ 0.05 (0.59%)
POWER 9.60 Increased By ▲ 0.21 (2.24%)
PPL 184.50 Decreased By ▼ -1.43 (-0.77%)
PRL 41.58 Increased By ▲ 0.31 (0.75%)
PTC 25.15 Increased By ▲ 0.38 (1.53%)
SEARL 104.26 Decreased By ▼ -0.39 (-0.37%)
SILK 1.01 No Change ▼ 0.00 (0%)
SSGC 40.51 Decreased By ▼ -0.40 (-0.98%)
SYM 17.81 Decreased By ▼ -0.24 (-1.33%)
TELE 8.79 Decreased By ▼ -0.12 (-1.35%)
TPLP 12.81 Decreased By ▼ -0.03 (-0.23%)
TRG 66.26 Decreased By ▼ -0.34 (-0.51%)
WAVESAPP 11.44 Increased By ▲ 0.14 (1.24%)
WTL 1.74 Decreased By ▼ -0.04 (-2.25%)
YOUW 4.00 No Change ▼ 0.00 (0%)
BR100 12,129 Increased By 19.3 (0.16%)
BR30 36,784 Increased By 186 (0.51%)
KSE100 115,061 Increased By 18.8 (0.02%)
KSE30 36,184 Decreased By -15.9 (-0.04%)

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.