Karachi: A division bench of High Court of Sindh suspended 13 notices for recovery of customs duty.
According to details Invertex company imported "Bukrram" and other items for use in making different items like purses etc. The Director General Customs valuation at the time of examination levied taxes and duty on higher side. The petitioner company Invertec filed the appeal before the applellateauthority. The controversy was however decided by the Special Customs Appellate Tribunal which allowed the appeal against orders of the Pakistan Customs. The tribunal also ruled in favor of the petitioner but they have to move the SHC.
The bench today after hearing counsel for both sides suspended the recovery notices issued in respect of custom duty and taxes.
What is your view on this ? Let us know in the comments section