Petronas and Sarawak are caught in a legal dispute over RM1.3 billion in unpaid sales tax. – The Malaysian Insight file pic, June 23, 2020.
THE Court of Appeal today was told today that Petronas has given the undertaking to withdraw its appeal against the Kuching High Court’s decision that Sarawak is entitled to collect sales tax on petroleum products. State legal counsel J. C Fong told a three-member bench that in view of the undertaking by Petronas to withdraw the appeal, Sarawak was not objecting to the postponement application made by the oil and gas company.
Effective July 2018, access to full reports will only be available with a subscription. Sign-up now and enjoy one week free access!
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Law Law Latest News, Law Law Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Petronas to drop appeal, settle tax dispute with Sarawak out of courtPUTRAJAYA: The Sarawak government and Petronas will settle their dispute over a RM2bil state sales tax (SST) out of court, with the latter expected to withdraw its appeal at the Court of Appeal.
Source: staronline - 🏆 4. / 75 Read more »
Petronas finalising sales tax agreement with SarawakPetronas' lawyer says the company's appeal against the High Court’s decision ordering it to pay the tax will be withdrawn before Aug 3. FMTNews Petronas
Source: fmtoday - 🏆 5. / 72 Read more »
Petronas seeks to adjourn its appeal of RM2b sales tax suit to allow agreement with Sarawak | Malay MailKUALA LUMPUR, June 23 — State oil firm Petronas Berhad sought a brief adjournment of its appeal today of the High Court decision against it over RM2 billion in unpaid sales tax in Sarawak, saying it was finalising an agreement with the state government. The Edge reported that Petronas counsel...
Source: malaymail - 🏆 1. / 86 Read more »
Abdul Azeez, brother withdraw appeals against court’s dismissal of bid for case transfer | Malay MailPUTRAJAYA, June 22 — Baling Member of Parliament Datuk Seri Abdul Azeez Abdul Rahim and his brother Datuk Abdul Latif have withdrawn their appeals against a High Court’s dismissal to transfer their cases from the Sessions Court to the High Court. Abdul Azeez, who is also Umno Supreme Council...
Source: malaymail - 🏆 1. / 86 Read more »
Abdul Azeez and brother withdraw appeals against transfer of their graft casePUTRAJAYA (Bernama): Baling MP Datuk Seri Abdul Azeez Abdul Rahim and his brother Datuk Abdul Latif have withdrawn their appeals against a High Court's dismissal to transfer their cases from the Sessions Court to the High Court.
Source: staronline - 🏆 4. / 75 Read more »