Steel importer cry loss due to detention of consignments since January

KARACHI The importers of steel are to face loss of millions of rupees in demurrage and detention beside other charges.

Abdullah Shaikh CEO of Steel Vision, talking to, said that after judgement of High Court of Sindh he was looking forward to implementation of the order and completion of adjudication proceedings in a month time, even in this situation they would be facing a loss of over Rs100 million.

Explaining he said the 208 consignments were said to be the subject matter of inquiry by an officer of Directorate of Intelligence and Investigations Pakistan Customs.

The Court declared the detention illegal and also asked the sides to contest their respective sides before Adjudicating Authority of Customs, Shaikh said.

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