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When turn comes to afford relief to people on petroleum products then tax is imposed: CJP

ISLAMABAD: Chief Justice of Pakistan (CJP) Mian Saqib Nisar has remarked Dhaka relief tax still stands levied on petroleum products and we will get conduct forensic audit regarding the taxes slapped on petroleum products.

Suo motu notice case about imposition of exorbitant taxes on petroleum products came up for hearing before Supreme Court (SC) on Wednesday.

CJP remarked the government resorts to increasing the general sales tax (GST) on petroleum products by as much as 25 per cent whenever crude oil prices fall in the international market. When turn comes to give relief to people on petroleum products then tax is imposed.

Justice Ijazul Ahsan inquired what sorts of taxes are applicable to petroleum products. What are the prices of petroleum products in international market. What are the prices of petroleum products here.

Additional Attorney General (AAG) told the court prices of petroleum products are less in Pakistan than all other countries of the region.

CJP remarked “ don’t compare the prices with India. Have we any comparison with Indian in IT field. Development of IT sector in India is more than Pakistan. Dhakka relief tax is still in place on petroleum products. We will get conduct forensic audit in respect of taxes slapped on petroleum products.
Give us a chart that how many taxes are applicable to petroleum products.

The court ordered the government to submit a report within a week detailing the various taxes imposed on petroleum products, and their comparison with global and regional standards.
The hearing of the case was adjourned for one week.

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