SC dismisses petitions against imposition of GIDC, companies to pay Rs417bn

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ISLAMABAD: The Supreme Court on Thursday announced its reserved judgement on Gas Infrastructure Development Cess (GIDC), dismissing petitions challenging imposition of cess. A three-judge SC bench, headed by Justice Mushir Alam handed a split 2-1 verdict. It had reserved its judgement in the case after hearing arguments put forward by lawyers representing the appellants and the government in Feb.

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