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Decanting & desalting of crude oil: Payments to ARL do not constitute taxable supplies: SC

ISLAMABAD: The Supreme Court of Pakistan ruled that the payments received by Attock Refinery Limited for decanting and desalting crude oil, supplied by oil and gas exploration companies, do not constitute taxable supplies or taxable activities liable to sales tax under Section 3 of the Sales Tax Act, 1990 A three-member bench, headed by Justice Munib Akhtar and comprising Justice Malik Shahzad Ahmad Khan and Justice SalahuddinPanhwar, set aside the Islamabad High Court’s judgment and the decisio

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Originally published byBusiness Recorder 23m ago · brecorder.com
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