KARACHI: Hearing more than a hundred petitions filed by the importers of foot wear, a customs appellate bench of High Court of Sindh headed by Justice Aqeel Ahmed Abbasi restrained the department from encashing security deposited against Regulatory Duty.
At the petitions were taken up, a counsel from Franklin Law Associates submitted that custom authorities are mis-interpreting an order of the Supreme Court. He maintained that petitioners are entitled to relief in payment of Sales Tax etc under a most recent SRO. The custom authorities are demanding tax saying that SRO would come into force from July 01 while SRO’s beneficial for parties would always enforced retrospectively.
The bench held that contention by the petitioners require consideration. The bench while ordering issuance of notices to the respondents, as an interim measure restrained the respondents from en-cashing security deposits.