SHC suspends demand notice by Customs, restrain from coercive action

KARACHI: A customs appellate bench of High Court of Sindh headed by Justice Mahmood A. Khan on Wednesday suspended a demand notices issued to Ghouri Tyre and Tubes Private Limited by the Collector of Customs, Model Customs Collectorate (MCC), East. The bench earlier heard Imran Iqbal Khan Advocate who maintained… Continue reading

Customs values of Butyl Rubber determined

KARACHI: Directorate of Customs Valuation has revised the customs values of Butyl Rubber (X-Butyl RB301 & BK1675N) vide Valuation Ruling No.1070/2017. The Customs values of Butyl Rubber (X-Butyl RB301) & (BK 1675N) were circulated vide VDB letter. It was deemed expedient to issue a Valuation Ruling hence an exercise was… Continue reading

Customs issue guideline for Butyl Rubber BKN 1675

KARACHI: The Director General, Pakistan Customs has issued valuation guidelines for the reference of clearance collectorates for development of valuation database, reference values for Butyl Rubber (BKN 1675). According to a letter issued from the Directorate General of Customs Valuation initiated an exercise to develop database values for different items… Continue reading