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

ICCI President warns of economic slowdown due to restrictive policies

16/04/2026

KP govt database allegedly leaked on dark web

16/04/2026

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

ICCI President warns of economic slowdown due to restrictive policies

byCT Report
16/04/2026

ISLAMABAD: President Islamabad Chamber of Commerce and Industry, Sardar Tahir Mehmood has expressed grave concern over the escalating challenges faced...

KP govt database allegedly leaked on dark web

byCT Report
16/04/2026

PESHAWAR: A database allegedly linked to a Khyber Pakhtunkhwa government website has been shared on the dark web, raising concerns...

PRA collects over Rs250 billion in nine months of FY-2026

byCT Report
16/04/2026

LAHORE: The Punjab Revenue Authority has released data for tax collection during the first three quarters of the current fiscal...

Pakistan receives funds of $2b from Saudi Arabia

byCT Report
16/04/2026

KARACHI: State Bank of Pakistan has received funds of $2 billion from Ministry of Finance of Saudi Arabia. SBP shared...

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.