SHC issue notices for March 11 to Collector Custom East, West Nishat Mills Limited Demand Notice

KARACHI: Pre-admission notices were issued for March 11 to Collector Customs (MCC East & West) by a division bench of High Court of Sindh (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Mahmood A Khan.

The bench was hearing a constitution petition filed by Nishat Mills Limited, an export oriented unit through Imran Iqbal Advocate. The petitioner company imports pigment thickener and acrylic thickener as part of textile products. The company challenged the demand notices issued for duty and taxes for the period 29-3-2010 to 16-11-2017. No liability of duty and taxes including regulatory duty in terms of SRO 326(1)/2008 dated 29-3-2008, the counsel submitted.

It was further contended that the respondents have issued  demand  notices towards regulatory duty  at the rate of 5 per cent.  Imran Iqbal advocate argued that legal issue has already been decided in case namely Collector of Customs & others versus  Ravi Spinning Ltd 1999, SCMR 412 according to which regulatory duty is part of duty and taxes payable under  the Customs Act 1969, therefore the respondents are not justified in collecting the said amount

The bench after hearing the counsel ordered issuance of pre-admission notices to Collector Customs East, West while restraining them from  taking any action for coercive recovery till next date of hearing.

Bookmark the permalink.

Comments are closed.

  • RSS Newsnreleases

    • Shell, Uber and Muawin collaborate for innovative fuel management solutions 29-Jul-2021
      KARACHI, PAKISTAN: Shell Pakistan Limited collaborated with Uber and Muawin by Cashew Financial Services, to deliver a fuel management solution with... Continue reading The post Shell, Uber and Muawin collaborate for innovative fuel management solutions appeared first on NewsnReleases.
    • TotalEnergies exits from Petrocedeño 29-Jul-2021
      PARIS, FRANCE: TotalEnergies, through its affiliate Total Venezuela, has decided to transfer its non-operated minority participation of 30.32% in Petrocedeño... Continue reading The post TotalEnergies exits from Petrocedeño appeared first on NewsnReleases.
    • TotalEnergies to power Amazon’s operations with renewables 29-Jul-2021
      PARIS, FRANCE: TotalEnergies has announced a strategic collaboration with Amazon through which TotalEnergies will contribute to Amazon’s commitment to power... Continue reading The post TotalEnergies to power Amazon’s operations with renewables appeared first on NewsnReleases.
    • Raymond James agrees to acquire Charles Stanley Group for £278.9 million 29-Jul-2021
      LONDON, UK: Raymond James UK Wealth Management Holdings Limited (Bidco) has agreed to buy entire issued and to be issued... Continue reading The post Raymond James agrees to acquire Charles Stanley Group for £278.9 million appeared first on NewsnReleases.
    • ESO Investments acquires majority stake in Hamsard 3634 29-Jul-2021
      LONDON, UK: EPE Special Opportunities Limited (ESO) through ESO Investments 1 Limited acquired a majority stake in Hamsard 3634 Limited,... Continue reading The post ESO Investments acquires majority stake in Hamsard 3634 appeared first on NewsnReleases.