STATE LIFE INSURANCE CORPORATION OF PAKISTAN THROUGH DIVISIONAL HEAD (LAW) versus COLLECTOR OF SALES TAX AND CENTRAL EXCISE, GOVERNMENT OF PAKISTAN, COLLECTORATE OF SALES TAX AND EXC
The first schedule, Part II, item 14 14 [such as the Finance Act (XXII of 1991]) was inserted and replaced 9813 0000 with the Finance Act (XII of 1994) Insurance Ordinance (XXIX of 2000), Section 89 Life Insurance Company Company Holders withdraw up to 90% of their paid premium as the surrender value of their policies, such as services provided or offered by the Company in connection with advances and loans and exclusions under Item 14 14. Part II of the Schedule I, the obligation to pay the duty or headings of the 9813 0000 Central Excise Act, 1944, deals with such transactions between the Company and its policyholders. Unlike K and its user, in the case of the bank, the customer was not obligated to return the bank after withdrawing the money from his account nor was he responsible for paying the markup to the bank while the insurance In the case of a company, its policy holders will reimburse such money for the services provided by the company to the company provided in its policy. Y Holders were subject to excise duty rules.
Related judgments — Karachi High Court Sindh, 2010
