SHC defers hearing in petition by Pakistan Steel Melters Association

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 valuation ruling for import of re-meltable iron scrap. Why the importer have not come forward. Under the laws the remedy… Continue reading

Customs values of green tea determined

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 wherein they requested for determination of customs values of Green Tea of various origins including Vietnam, China and India. Therefore,… Continue reading

SHC issue notices in three identical petitions by tile importers

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 other respondents for Feb 27 in three identical petitions filed by importers of tiles. Ashraf Traders, Euro Tiles and Amin… Continue reading

Customs tribunal sets aside Order in Revision, Valuation Ruling

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 Ruling in respect of telephone setc and PABX system. The bench earlier heard a lawyer from Franklin Law Associates who… Continue reading

SHC orders release of consignments under section 81 of CA 1969

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 of section 81 to the petitioners/ importers. Earlier the bench heard Imran Iqbal Khan, Asad raza Khan and Salman advocates… Continue reading

SHC orders release of networking cables as per new VR

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 of new Valuation Ruling acceptable to the petitioner. The bench was hearing a petition filed by Minitech corporation who imported… Continue reading

MCC Appraisement East detects manipulation in the system

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 classification of the imported goods. Certain importers are manipulating the system as they do not file container numbers along with… Continue reading

Declared value to be assess-able value

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 higher than the value determined vide the relevant valuation ruling. The Finance Bill 2017 has added a proviso in Section… Continue reading

Collector Adjudication disposes show cause notice served on M/s Rana Enterprises

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. M/s Rana Enterprises had been seved Show Cause Notice for deliberately concealing and filing an untrue declaration in order to… Continue reading

Valuation Ruling for Tooth paste challenged, Notice issued for today

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, Valuation, Pakistan Customs for today fixing the hearing at 1200 noon. The bench was hearing two identical petitions filed by… Continue reading