Suo moto: CJP questions hike in POL prices

ISLAMABAD: Chief Justice Iftikhar Muhammad Chaudhry remarked on Friday that the parliament has not yet approved the finance bill, therefore, it is not possible to implement tax on petroleum products, Geo News reported.

The CJP was hearing the suo moto notice case on the recent hike in petroleum prices. The federal budget has proposed, one percent increase in sales tax.

The Chief Justice remarked that before the approval of finance bill by the parliament, tax cannot be imposed on petroleum products.

A three-judge bench of the SC comprising Justice Ejaz Ahmed and Justice Gulzar Ahmed, and headed by Chief Justice Iftikhar Chaudhry heard the case today. During proceedings, the CJP remarked that the court will dismiss the notice issued by federal Board of Revenue (FBR).

According to sources, the Chief Justice took the suo moto notice on the note of Supeme Court Registrar. The CJP issued notices to the Attorney General of Pakistan Munir A. Malik and relevant officials.

The hearing has been adjourned till the 18th of June.