Today, Mr. Khalid Jawed Khan, Advocate has filed Vakalatnama in Special Sales Tax Reference Application No.582 of 2019 on behalf of the Respondent which is taken on record.On 09.12.2024, the following order was passed:-Learned counsel for the application in SCRA No.76 of 2017 has relied upon a recent Judgment of the Hon ble Supreme Court dated 12.11.2024 passed in Civil Appeals Nos.947 of 2002, 980, 981 and 982 of 2007, 224 of 2010 and Civil Petition No.246 of 2009 The commissioner Inland Revenue, Legal Zone, Large Taxpayer Office, Lahore and another v. M/s. Mayfair Spinning Mills Ltd. and others and learned counsel submits that the Hon ble Supreme court has now decided the controversy that any input tax claimed on loss or damaged goods or as is in the case in hand Unaccounted for Gas (UFG) the entire input tax can be claimed. When confronted learned counsel for the Department seeks time. At his request adjourned. Learned counsel for the department is also directed to come prepared wit...
PRESENT:
Muhammad Junaid Ghaffar, ACJ and Muhammad Abdur Rahman, J
Petitioner(s) by: Khalid Jawed Khan.
Respondent(s) by: Muhammad Aqeel Qureshi.
Law: Sales Tax Act, 1990
Sections: 7(1), 8(1), 10
Disclaimer / Note: We have reproduced the judgment for facilitation of readers; however, the readers must study the original or certified copy of the above said judgment before referring it in any Court of Law. The judgment as reproduced above is a reported judgment available in law magazines and journals namely: 2026 PTD 728