Hearing of contempt plea by Horizon International put of till Dec 22

KARACHI: An appellate bench of High Court of Sindh (SHC) comprising  Justice Munib Akhtar and Justice Omar Sial on Wednesday once again deferred hearing of a contempt of court application against Deputy Collector, Pakistan Customs, Port Muhammad Bin Qasim and East till Dec 22. The adjournment  came as counsel for FBR and Collectorate,… Continue reading

MCC Port Qasim finds certain importers managed to crack risk management system

KARACHI: MCC Port Qasim has unearthed an innovative scam, wherein certain importers have found a way to manipulate the Custom’s risk management system to evade government’s legitimate revenue. M/s Al-Aziz & Co imported a consignment comprising 09 containers stuffed with various sizes of tyre with flaps of China origin worth… Continue reading

Special Customs Appellate Tribunal reserves order in Glassware, Porcelain case

KARACHI: The Special Customs Appellate Tribunal reserved judgment in 20 identical appeal filed by Imran Hardware and others who imported glassware and porcelain from China. According to the appellants they imported the  consignments from China and filed the Goods Declaration under  Valuation Ruling 788/2016 but the Custom Authorities assessed and… Continue reading

Customs values of safety pin determined

KARACHI: Directorate of Customs Valuation has revised the customs values of safety pin of iron and steel vide valuation ruling No.1093/2017. Earlier this Directorate General had conducted an audit of clearance values of subject goods and found the same to be on lower side in comparison with the international trading… Continue reading

SHC suspends guidelines in Set Top Box, TV Tuner case

KARACHI: Justice Muhammad Junaid Ghaffar of High Court of Sindh (SHC) on Wednesday suspended a guideline issued by the Deputy Director Valuation in respect of Set Top Box/TV Tuners. The bench earlier heard Talal Tariq advocate counsel for petitioner Dany Technologies, importer of TV Tuners from China. The Secretary FBR,… Continue reading

Mis-declaration case: Tribunal orders notices to respondents

KARACHI: Special Customs Appellate Tribunal, Karachi, comprising Tahir Zia, Member Judicial and  Nazim Saleem, Member (Technical) on Wednesday ordered issuance of notices to Collector Customs West and Collector Customs (Adjudication) for Feb 13 in an appeal filed by Khyber Autos, an importer of auto parts. Earlier the  bench heard the… Continue reading

Reference values of tablet PCs notified

KARACHI: The Directorate General of Customs Valuation is developing database values and issuance of reference values of importable items have started yielding results. Director General Customs Valuation Syed Tanveer Ahmed devised a plan to streamline values of importable values to check under-invoicing, which is not only causing revenue loss to… Continue reading