Motorcycle Parts Not a Consumer item should be removed from 3rd schedule List

KARACHI: Chairman Khalid Waheed, All Pakistan Motorcycle Spare Parts Importer & Dealer Association (APMSPIDA) said that Motorcycle spare parts not a consumer item it should be removed from 3rd Schedule list which was included through STGO No 103/2019 Dated: 04.07.2019 For Commercial Imports is totally impracticable at import stage. He… Continue reading

SHC stays auction of motorcycle rickshsaw parts

Karachi: A division bench of high court of Sindh stayed the auction of components sub components and. assemblies in a petition filed by memon motors and M K Automotives private limited. The bench comprising Justice Aqeel Ahmed abassi and justice zulfiqar Ahmed Khan also issued pre-admission notice for Oct 24… Continue reading

MCC Quetta seizes smuggled goods

KARACHI: MCC Quetta in joint operations with FC has seized large quantity of smuggled goods worth Rs12.95 million. The seized include new and used tyres, welding rods and motorcycle parts. In pursuance of information received from the Collector of Customs Saeed Jadoon that foreign origin goods would be smuggled from… Continue reading

Customs values of motorcycle parts determined

KARACHI: Directorate of Customs Valuation Karachi has revised the customs values of motorcycle parts vide Valuation Ruling No.967/2016. Customs values of motorcycle parts were earlier determined vide Valuation Ruling No.685/2014. M/s.Memon Motors (Pvt) Ltd., M/s. Razzy Motors (Pvt) Ltd., and M/s. D.S.Motors (Pvt) Ltd., challenged the said valuation ruling before… Continue reading

SHC to hear motor cycle parts importer plea on Oct 16

KARACHI: Allowing an application for urgent hearing seeking implementation of order passed by Customs Appellate Tribunal, Karachi, a division bench of High Court of Sindh (SHC) comprising Justice Muneeb Akhtar and Justice Mrs Ashraf Jahan on Friday fixed Oct 16 to decide the controversy regarding additional duty demand by Custom… Continue reading

Motorcycle parts importer penalized for mis-declaration

KARACHI: The Customs Adjudication has charged a motorcycle-parts importer for mis-declaration and imposed fines and penalties for making attempt to deprive exchequer of its legitimate revenue. The Adjudication found mis-declaration on part of M/s Paramount Corporation established and ordered confiscation of two imported consignments worth a total of Rs14.257 million;… Continue reading