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Supreme Court Pushes Super Tax Case to Monday After Petitioners Conclude

The five-judge panel is probing whether the levy is lawful and properly structured within the tax code.

Overview

  • A five-member bench led by Justice Amin-ud-Din Khan adjourned the hearings until Monday, October 20, after counsel for tobacco companies wrapped up arguments.
  • Justice Muhammad Ali Mazhar said the law clearly defines the taxable threshold and emphasized that companies must pay only what is legally due.
  • He clarified that taxes under the final tax regime cannot be charged again, while noting the super tax operates as a separate category.
  • Petitioners argued the Finance Bill bypassed Article 73 requirements, challenged the lack of a prior policy statement, and said firms are being charged even without profits.
  • In Friday’s session, tobacco industry counsel questioned a proposed windfall tax and presented pricing data, as justices pressed on consumer tax burden and leakage controls.