SHC RESERVES ORDER IN SCRA FILED BY FAUJI CEMENT

KARACHI: After complex litigation spreading over two decades, the dispute over exemption came to an end when a custom appellate bench of High Court of Sindh reserved judgment in a Special Customs Reference Application (SCRA) involving a huge amount of rupees 800 million. Brief crux of the case is that… Continue reading

RECOVERY OF DUTY, TAXES WORTH RS 940 MILLION Lucky Cement case now on Oct 3, assessment order summoned

KARACHI: A division bench of High Court of Sindh (SHC) comprising Justice Muhammad Ali Mazhar and Justice Anan Chaudhry asked Pakistan Customs to file an assessment order made 25 years back in the case of machinery imported for the cement manufacturing plant. The bench was hearing an application filed by… Continue reading

Notices issued in dozens of petitions by new bench

KARACHI: A newly formed bench which would sit for few days to hear matters pertaining to customs issued notices in dozens of petitions. In a petition filed by F.J Trading Corporation, the bench comprising Justice Muhammad Ali Mazhar and Justice Mrs Ashraf Jahan on Tuesday the bench ordered issuance of… Continue reading

Comments called from Customs in plea for re-export of confectionery machinery

KARACHI: The Customs Valuation was directed to file comments in a suit filed by Volka Food Industries Multan seeking re-export of the claimed state of the art machinery for confectionery plant.  The Collector Customs, East, Export , chairman FBR and  PICT are defendants  in the suit. According to details of the… Continue reading