SHC asks petitioner to deposit 30 per cent redemption fine
KARACHI: An appellate bench of High Court of Sindh comprising Justice Munib Akhtar and Justice Yousuf Ali Sayeed on Wednesday asked a petition Long Khan to deposit 30 percent redemption…
ASO MCC Preventive Lahore comes hard on smugglers
KARACHI: Anti-smuggling organization (ASO) of MCC Preventive Lahore has seized smuggled goods worth Rs67 million. According to details, ASO seized 85 cartons of foreign origin smuggled cigarettes of various brands…
Director General modifies customs values of metallic yarn
KARACHI: Director General Customs Valuation Syed Tanveer Ahmed has revised the customs values of metallic yarn of Dubai origin at $4.05/kg and Japan origin at $7.0/kg and amended the Valuation…
Climate Change: Tire importer asked to satisfy on ecology and environmental issues
KARACHI: A division bench of High Court of Sindh (SHC) comprising Justide Munib Akhtar and Justice Muhammad Humayun Khan on Wednesday put off hearing as counsel for a petitioner was…
PCA detects Rs390 million evasion on import of sunflower seeds extraction
KARACHI: The Directorate of Post Clearance Audit (PCA) Karachi has detected evasion of Rs389 million, which several importers of sunflower seeds extraction evaded through mis-declaration. During the audit conducted on…
Customs values of frequency inverters revised
KARACHI: Directorate of Customs Valuation has revised the customs values of Frequency Inverters vide Valuation Ruling No.973/2016. Customs values of frequency inverters were earlier determined vide Ruling No.751/2015. The values…
More valuation guidelines notified
KARACHI: Directorate General of Customs Valuation has issued eight more valuation guidelines for the reference of assessment staff to avoid under-invoicing. Directorate General has initiated an exercise to develop database…
Customs Valuation issues four more guidelines
KARACHI: Directorate General of Customs Valuation has issued four more valuation guidelines for the reference of assessment staff to avoid under-invoicing. Directorate General has initiated an exercise to develop database…
Customs values of computer trolley and multimedia speakers revised
KARACHI: Directorate of Customs Valuation has revised the customs values of computer trolley and multimedia speakers vide Valuation Ruling No.970/2016. The customs values of computer trolley and multimedia speakers were…
MCC Port Qasim files 62 SCRAs before SHC
KARACHI: The Model Customs Collectorate (MCC) Port Muhammad Bin Qasim (Appraisement) filed about 62 Special Custom Reference Applications (SCRA’s) impugning an order of Special Customs Appellate Tribunal deciding Custom Appeal…
M/s Trinity Enterprises charges for mis-declaration
KARACHI: Additional Collector Adjudication Shafique Ahmed Latki has penalized M/s Trinity Enterprises for evading duty and taxes of Rs1.686 million on the import of tyre and tube through under-invoicing. According…
Customs values of sauces, dressings and spreads revised
KARACHI: Directorate of Customs Valuation Karachi has revised the customs values of sauces, salad dressings, mayonnaise, mustard and tomato ketchup vide Valuation Ruling No.952/2016. Customs values of sauces, salad dressings,…
Customs values of Synthetic carpet material revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of synthetic carpet vide Valuation Ruling No.927/2016. The values of these goods were earlier determined vide Valuation Ruling No.434/2012…
Customs values of interlining buckram material revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of woven interlining buckram material vide Valuation Ruling No.926/2016. A local manufacturer M/s Aruj Industries Limited lodged a complaint…
Customs values of particle board, door skin revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of plain particle coard and primes, melamined and veneered moulded fiber door skin vide Valuation Ruling No.925/2016. The customs…
Judgment reserved in suits filed by Umar Spining Mills, Sunrays Textile
KARACHI: Justice Muhammad Shafi Sidsdiqui of High Court of Sindh (SHC) on Thursday reserved order in two identical suits filed by Umar Spinning Mills and Sunrays Textile after a detailed…
SHC allows hearing but restrains adjudication against Nishat Mills, Lahore
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtarand Justice Anwar Hussain on Wednesday allowed Customs to hold hearing in a show cause notice issued…
Customs values of replacement wheel rim revised
KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of replacement wheel rim vide Valuation Ruling No. 921/2016. The customs values of replacement wheel rim (alloy/other than alloy)…
SHC orders provisional release of fatty acid consignment
KARACHI: A divisional bench of High Court of Sindh, Justice Munib Akhter and Justice Anwar Hussain on Tuesday allowed provisional release of a consignment of “mixture fatty acids” against payment…
DG Valuation revises Valuation Ruling No.854/2016
KARACHI: Director General Customs Valuation Syed Tanveer Ahmed has granted the Revision Petition filed by M/s DIC Pakistan Limited and revised the Valuation Ruling No. 854/2016 determining customs values of…