GOLDEN LUBRICANT, MULTAN versus COMMISSIONER C&E INLAND REVENUE (RTO), MULTAN
Section 12 (1) (4) Sales Tax Act (VII VI of 1990), Section 2 (46) Federal Excise Rules, 2005, R 8 Refunds for determination of pricing from 1 7 2007 to 31 Claims to be rejected 3 2008 First appellate authority is directed to set up a valuation committee under section 12 (1) of the Federal Excise Act 2005 which will assess the supply price and fix federal excise duty and The taxpayers on the same account claimed that the application was made on the basis of refund. Items sold at retail prices from 1 07 2007 to 31 03 2008; the Federal Excise Act, section 12 (1), provides for the delivery of Section 2 (46) of the Sales Tax Act 1990, 2005, from July 1, 2008 Was enacted and enforced and such a law cannot be exonerated. This matter did not fall under section 12 (1) of the Federal Excise Act, 2005 and was subject to section 12 (4) of the Federal Excise Act, 2005 and in accordance with section 12 (4) of section 12 of the Federal Excise Act, 2005 Appellant being a manufacturer had the freedom to set the retail price of the goods he manufactured and the denial of that legal right was contrary to the legal terms of the law, during which the property taxpayers based on the sale of goods at retail price. Applied for a refund Regarding Sec 12 (1), the provisions of Section 2 (46) of the Federal Excise Act, 2005, the Sales Tax Act, 1990, were introduced / incorporated and implemented from July 15, 2008 to the period from 10 2007 to 31 3 2008. Section 12 (1) of the Federal Excise Act, 2005 came into force on July 1, 2008 and was applicable for the determination of excise duty on the value of excluding the amount of duty, while at retail price calculated by section 12 (4). The Federal Excise Act,
