KARACHI: The Director General, Customs Valuation, Samaira Nazir Khan rejected revision petitions against Valuation Ruling No. 765/2015 October 9, 2015.
The revision petitions was filed by M/s Evergreen Enterprises under section 25-D of the Customs Act 1969 against custom value of coated textile suede (flocking) from China, vide Valuation Ruling no 765/2015 issued by Director, Customs Valuation Karachi.
The petitioners maintained that it was the leading importers of the said goods from China on regular basis. It maintained that the VR 765/2015 aggrieved them as the respondent has determined the fictitious values of coated textile suede (flocking) and in contradiction to guidelines of World Trade Organisation for Article VII (GATT).
The impugned goods VR has been issued in sheer violation of Customs Act 1969 Chapter (IX), interpretation of law by Superior Courts.
It was contended by the petitioners that basis of the revision was done without taking note that it was an item with lower slab of sales tax and income tax under SRO 1125(I)/2011.
The respondent Director Customs Valuation in its reply submitted that stakeholders were invited but no one of them attended the meetings except representatives of clearance Customs.
The importer even did not disclose the import data or local selling of imported suede in terms of Section 25(5), (6) and (7) of the Customs Act 1969.
The Director General, Customs Valuation while rejecting the revision petition held that applicant/petitioner failed to prove their case through documentary evidence and that department has proceeded as per law. Besides all legal formalities as envisaged under Section 25 of the Customs Act 1969 have been fulfilled, the order remarked.
Order said after the issuance of VR clearances were being made on determined Customs values. None of the importers contested the impugned VR which proved it was fair value for assessment purposes and thus could not be termed as factitious.