Pakistan Customs, Tax, Shipping & Business News Resource
KARACHI: Valuation ruling once superseded cannot be applied for assessment of goods, hold a custom appellate bench of High Court of Sindh while dismissing Special Custom Reference Application filed by…
KARACHI: Twenty five Special Custom Reference Application No 431 of 2011 to 456 of 2011 were finally decided by a custom appellate bench of High Court of Sindh allowing appeals…
KARACHI: The Directorate General of Custom Valuation continues to assess the imported goods/consignments on the basis of Valuation Rulings which were sat aside by the Custom Appellate Tribunal, Karachi bench.…
KARACHI: The release of goods against securing of disputed amount of taxes and duties, before Nazir of High Court of Sindh was ordered by a custom appellate bench of High…
KARACHI: In the absence of a clear date of clearance of goods, the applicability of a Valuation Ruling would be far-fetched. This was held by a Customs Appellate bench of…
KARACHI: In order to plug revenue leakage thr4ough exploitation of loop holes in the system, President of Pakistan has promulgated Tax Laws (Third Amendment) Ordinance, 2021. Ordinance has restricted provisional…
Karachi: (SHC) comprising Justice Aqeel Ahmed Abbasi and Justice Zulfiqar Ahmed Khan questioned the locus standi of Pakistan Steel Melters and Re-rolling Association in a petition seeking revision of a…
KARACHI: Director Customs Valuation Karachi Iqbal Muneeb has determined the Customs Values of Green Tea vide Valuation Ruling No.1344/2018. Various representations from the importers and the clearance collectorates were received…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Mrs Ashraf Jahan on Friday issue notices to the DG Valuation, Pakistan Custom and…
KARACHI: A bench of Special Customs Appellate Tribunal comprising Member Judicial Muhammad Nadeem Qureshi and Member Technical, Muhammad Nazim Saleem on Monday set aside an Order in Revision and Valuation…
KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Omar Sial on Tuesday allowed two petitions and ordered release of consignments giving relief…
KARACHI: A customs appellate bench of High Court of Sindh comprising Justice Munib Akhtar and Justice Omar Sial on Thursday allowed release of networking cable after re-assessment on the basis…
KARACHI: MCC Appraisement East has served a contravention report on a tyre importer M/s Al Raziq Tyre & Trading Company for evading government revenue through misdeclaration of description, quantity and…
KARACHI: The value of an imported consignment declared in the goods declaration (GD) or the value mentioned on the invoice retrieved from the consignment will be assess able value if…
KARACHI: Collector Adjudication Asif Marghoob Siddiqui has disposed the Show Cause Notice served on M/s Rana Enterprises and ordered to assess the imported consignment as per the concerned valuation ruling.…
KARACHI: A divisional bench of High Court of Sindh (SHC) comprising Justice Muhammad Iqbal Kalhoro and Justice Khadim Hussain M. Shaikh on Monday ordered issuance of notices to Director General,…
KARACHI:- Hearing a constitution petition filed by an import of glass that came to the court without challenging/questioning the Valuation Ruling (VR), a division bench of High Court of Sindh…