Hearing in duty draw back claims case adjourned till Nov 27
Karachi:- A division bench of High Court of Sindh (SHC) comprising Justice Sajjad Ali Shah and Justice Muhammad Junaid Ghaffar adjourned hearing in a case relating to duty draw back…
Customs appellate tribunal allows appeal against demand of suspended duty against burnt imported goods
KARACHI:- The Customs appellate tribunal, bench I, Karachi allowed an appeal filed by Island Textile Mills challenging an order of Collector of Customs (Appeals) which rejected plea of the importer…
Customs Appellate Tribunal allows four identical appeals
KARACHI:- The Customs Appellate Tribunal, Bench I allowed four identical appeals ordering release of confiscated black tea consignment transshipped from Taftan to Quetta Dry Port. The vehicles carrying the imported…
Importer seeks SHC permission for release of goods against bank guarantee
KARACHI: A division bench of High Court of Sindh issued notice to the FBR, Collector Customs, West and Director General, Directorate of Valuation for Sept 11 , in an application…
Tribunal strikes down penalty imposed on clearing agent
KARACHI: The Customs Appellate tribunal has struck down the penalty imposed by Adjudication on a clearing agent for attempting to take undue benefit of RO 575(I)/2006 on behalf of the…
DG of Customs Valuation Samaira Nazir upholds the revision petition against Valuation ruling No.692/2014
KARACHI: Director General of Customs Valuation, Samaira Nazir has espoused the revision petition filed by the importer M/s DFB Gypsum Industries against valuation Ruling No.692/2014 with respect to the Gypsum…
Review petition against customs valuation of bleached kraft liner board dismissed
KARACHI: The Directorate General of Customs Valuation has dismissed a review petition filed by M/s Trade International against the valuation ruling No. 721/2015. The Revision Petition was filed by M/s…
DG of Customs Valuation rejects revision petition against Valuation ruling No.707/2015
KARACHI: Director General of Customs Valuation, Sumaira Nazir has rejected the revision petition filed by the manufacturer M/s DIC Pakistan Ltd against Valuation Ruling No.707/2015 with respect to the product…
DG of Customs Valuation allows review petition against Valuation ruling No.645/2014
KARACHI: Director General of Customs Valuation, Sumaira Nazir has allowed the revision petition filed by the importer M/s S.M. Bashir Agencies against valuation Ruling No.645/2014 with respect to the Porcelain…
Review petition against customs valuation of coated duplex board dismissed
KARACHI: The Directorate General of Customs Valuation has dismissed a review petition filed by M/s Trade International against the valuation ruling No. 722/2015. The Revision Petition was filed by M/s…
DG of Customs Valuation rejects revision petition against Valuation ruling No.645/2014
KARACHI: Director General of Customs Valuation, Sumaira Nazir has rejected the revision petition filed against Valuation Ruling No.645/2014 with respect to the product porcelain ware/glassware. The Revision Petition was filed…
SC directs CSB to reexamine cases of Grade-20 officers whose promotions were stayed by Prime Minister
KARACHI: The Supreme Court of Pakistan has dismissed the appeals filed by civil servants of Grade-20 against the decision of Prime Minister staying their promotions in Grade-21. The apex Court…
Tribunal remits fine, penalty imposed by Adjudication on paper importer
KARACHI: The Customs Appellate Tribunal has remitted the fine and penalty imposed by Customs Adjudication on a paper importer for misdeclaring the classification as the Customs itself failed to classify…
Pakistan’s latest privatization reduces external vulnerabilities, a Credit Positive: Moody’s
KARACHI: The government of Pakistan raised more than $1 billion by selling its 41.5 percent stake in Habib Bank Ltd., the country’s largest bank. The stake sale, primarily to foreign…
Tanners Association propose revision in export prices of wetblue goat, sheep skins
KARACHI: Pakistan Tanners Association (PTA) has approached Chief Collector of Customs (Exports) to revise the export values of wetblue sheep and goat skins from existing 1.45 per sq.ft. to $1.15-25…
DG Customs Valuation rejects proposed revision in Valuation Ruling No.701/2014
KARACHI: Directorate General of Customs Valuation, Samaira Nazir Khan has rejected the revision petition against Valuation Ruling No.701/2014 related to the import of PET Metalized film and PET coated film…
Old, used trucks import; Supreme Court order adjudication as per law, strikes high court’s ruling
KARACHI: The Supreme Court of Pakistan (SCP) has struck down the ruling of Sindh High court regarding release of imported used and old trucks. It may be recalled that MCC…
Tribunal advises PQA to pay leviable duty/tax on temporary import of three tugs
KARACHI: The Customs Appellate Tribunal has rejected the appeal of M/s Port Qasim Authority against demand created by Directorate General Intelligence & Investigation – FBR. M/s Port Qasim Authority is…
Customs values of liquid paste colorants determined
KARACHI: The Directorate General of Customs Valuation has determined the customs values of Liquid Paste Colorants vide valuation Ruling No.724/2015 for the first time. According to details, numerous complaints were…
Appellate Tribunal rejects appeal of Collector Appraisement West
KARACHI: The Customs Appellate Tribunal has rejected the Appeal filed by Collector of Custom Appraisement (West) challenging the Order of Collector (Appeals), who had dismissed the additional demand created against…