Staff Reporter
The Lahore High Court (LHC) on Thursday asked the government to apprise the court regarding the procedure of hiking prices of petroleum products in the country.
A two-member bench of the Lahore High Court (LHC) headed by Justice Abid Aziz Sheikh heard the petition filed against the hike in petroleum products’ prices in the country.
The court sought procedure to hike the prices from the government besides issuing a notice to the Attorney General of Pakistan (AGP).
The petitioner stated that there was no procedure to fix the prices of petroleum products in the country while the government is receiving 17 per cent sales tax.
The petitioner further stated that the government’s imposition of sales tax on essential products was a violation of the Constitution.
In July last year, the Economic Coordination Committee (ECC) had approved a recommendation for regulating petroleum prices in the country after every 15 days.
On October 30, Prime Minister Imran Khan had turned down the Oil and Gas Regulatory Authority (OGRA) proposal suggesting an increase in fuel prices from November 1.
