Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Lahore

Customs tribunal orders to recalculate liabilities of M/s Steel Complex

bySajid Nawaz
19/08/2017
in Lahore, Latest News
Share on FacebookShare on Twitter

LAHORE: The Customs Appellate Tribunal has ordered the Deputy Collector of Customs, Appraisement Lahore, to recalculate the appellant’s liability in an appeal filed by M/s Steel Complex (Private) Limited.

According to the details, Member Technical Bench-II heard the case in details, provided the full chance to both parties and passed the judgment that the lowest value as admitted by the respondent department in this case is $630/MT, therefore, the value of impugned goods be finally assessed at $630/MT and also ordered the customs department to recalculate the liability of M/s Steel Complex (Private) Limited.

You might also like

Pakistan cement despatches fall 21% in May as domestic sales, exports decline

03/06/2026
xr:d:DAFUw169jpg:16,j:2231928652156531663,t:23063008

IMF pushes govt to end ex‑FATA, PATA tax relief

03/06/2026

As per details of the case, on the core controversy that appellant M/s Steel Complex Private Limited has mis declared some import items. The duties and taxes were re-assessed by the customs department on the basis of available record of goods and reference was forward to director Customs Valuation, Customs House Karachi.

Being aggrieved from the assessment appellant filed the case before the Collector of Customs (Appeals) who dispose of application. The case was transferred to the adjudication authority rejected the appeal and upheld the assessment order. The impugned order is challenged before the Collector of Customs Appeal who also upheld the assessment the same case was filed before the Customs Appellate Tribunal who order to pass the fresh speaking order.

The defense counsel heard the case in details and passed the order with some modifications which were not acceptable by the appellant and challenged the order before the Tribunal on the grounds that impugned order is not according to the law.

Customs Appellate Tribunal heard the case again and ordered to re-calculate the duties and taxes on the appellant.

 

Related Stories

Pakistan cement despatches fall 21% in May as domestic sales, exports decline

byCT Report
03/06/2026

ISLAMABAD: Pakistan's cement industry recorded a sharp decline in sales during May 2026, with total cement despatches falling 21.02% year-on-year...

xr:d:DAFUw169jpg:16,j:2231928652156531663,t:23063008

IMF pushes govt to end ex‑FATA, PATA tax relief

byCT Report
03/06/2026

ISLAMABAD: The federal government is preparing to end tax exemptions for former tribal areas in the upcoming 2026‑27 budget. Officials...

Govt mulls tax relief package for exporters in Budget 2026-27

byCT Report
03/06/2026

LAHORE: The federal government is reportedly preparing a package of tax relief measures for exporters as part of the upcoming...

Pakistan offers Maritime projects to Saudi investors

byCT Report
03/06/2026

KARACHI: Saudi Arabia has signalled its intent to invest in the maritime sector of Pakistan, including the strategically important Gwadar...

Next Post

Customs Appellate Tribunal rejects appeal filed against M/s Zain Enterprises

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.