Customs tribunal sets aside Order in Revision, Valuation Ruling

KARACHI: A bench of Special Customs Appellate Tribunal comprising Member Judicial Muhammad Nadeem Qureshi and Member Technical, Muhammad Nazim Saleem on Monday set aside an Order in Revision and Valuation Ruling in respect of telephone setc and PABX system.

The bench earlier heard a lawyer from Franklin Law Associates who represented appellant A.K. Traders who maintained that as per VR the custom duty was to be levied between US $ 4 to 6 whereas the respondents levied duty at a rate of US $ 2 to 16 which is on higher side. The counsel also contended that new VR 1172 of 2017 was issued in violation of section 25 (a) without following the prescribed procedure hence liable to be set aside.

The tribunal after detailed hearing sat aside, both the Order in Revision as well as VR.

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