No change in CNG prices till next hearing: Supreme Court
FBR submits report in SC for years 2009, 2010, 2011.
ISLAMABAD:
The Supreme Court, while maintaining CNG prices, ordered for cancelling licenses of station owners who refuse to get audited, Express News reported on Thursday.
A two-judge bench, comprising justices Jawad S Khawaja and Khilji Arif Hussain was hearing the case pertaining to the CNG prices issue.
CNG station owners paid Rs4.08 billion in taxes in the last three years, stated a report submitted by the Federal Board of Revenue (FBR).
According to the report, Rs1.008 billion was paid in 2009, Rs1.42 billion in 2010 and Rs 1.0065 billion in 2011.
The Supreme Court had sought details pertaining to the stations’ tariff accounts earlier on Wednesday.
Speaking on the premises of the Supreme Court, CNG Association Chairman Ghayyas Paracha said that Ogra was trying to implicate the association in a tussle with the masses.
He said that the CNG stations buy CNG from the government on a higher rate.
Ogra representatives also answered the court’s four questions asked in the previous hearing.
Justice Khawaja remarked saying the court knew the actual operating costs and said the owners had earned Rs31 per kg for four years on the name of operating costs.
He said that deciding on prices was Ogra’s job and if the authority did not work properly, the court would intervene.
The hearing was adjourned till December 17.
The Supreme Court, while maintaining CNG prices, ordered for cancelling licenses of station owners who refuse to get audited, Express News reported on Thursday.
A two-judge bench, comprising justices Jawad S Khawaja and Khilji Arif Hussain was hearing the case pertaining to the CNG prices issue.
CNG station owners paid Rs4.08 billion in taxes in the last three years, stated a report submitted by the Federal Board of Revenue (FBR).
According to the report, Rs1.008 billion was paid in 2009, Rs1.42 billion in 2010 and Rs 1.0065 billion in 2011.
The Supreme Court had sought details pertaining to the stations’ tariff accounts earlier on Wednesday.
Speaking on the premises of the Supreme Court, CNG Association Chairman Ghayyas Paracha said that Ogra was trying to implicate the association in a tussle with the masses.
He said that the CNG stations buy CNG from the government on a higher rate.
Ogra representatives also answered the court’s four questions asked in the previous hearing.
Justice Khawaja remarked saying the court knew the actual operating costs and said the owners had earned Rs31 per kg for four years on the name of operating costs.
He said that deciding on prices was Ogra’s job and if the authority did not work properly, the court would intervene.
The hearing was adjourned till December 17.