KARACHI: A customs appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtarand Justice Agha Faisal yesterday reserved judgment in a number of identical petitions challenging regulatory duty on tiles.
Franklin Law Associates filed the petitions on behalf of the importers, Today, Kafeel Ahmed Abbasi, counsel for Pakistan Customs submitted final arguments. He relied on Advance Telecom case and submitted that Regulatory Duty shall be separately charged/levied and collected.
A counsel for Franklin Law Associates rebutting the arguments relied on SRO 497/2009 and said that it was explicitly stated in the said SRO that the total duty, taxes etc shall not exceed 37.5 per cent and hence in the instant petitions,SRO 659/2007 was not applicable. The said SRO was China specific (FTA with China).
The bench after completion of arguments from both sides reserved the judgment in petitions by tiles importers.