Release of soap consignment ordered

KARACHI: The release of soap consignment imported by M/S Global Traders was ordered on Tuesday by a custom appellate bench of High Court of Sindh (SHC) on payment of custom duty as declared and disputed amount of duty with Nazir of SHC.

Appearing for the petitioner company, a lawyer from Franklin Law Associates submitted that Valuation Ruling (VR) has expired and no new VR was issued by the Valuation directorate. The consignment in dispute is being assessed on the basis of enhanced value as determined by DG Valuation which is violation of law.

The counsel prayed to the court to order release of the consignment at declared value while he volunteered to deposited the disputed amount with Nazir of the SHC. The bench allowing the request ordered release of the consignment while fixing April 9 for further hearing.

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