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 Breaking News

DG valuation disposes of petition for amendments in VR of tyres and tubes’

byAbul Hassan Usmani
24/05/2015
in Breaking News, Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: Director General of the Directorate General Customs Valuation, Sumaira Nazir Khan has disposed of a review petition filed by Lahore Chamber of Commerce, against Valuation Ruling No. 659/2014 related to tyres and tubes as .it lacked merit.

As per details, the appellant requested for making the corrections into the subject Valuation Ruling No.659/2014 under section 25A of Customs Act, 1969. The appellant suggested some amendments in size numbers of the tyres and tubes, besides asking that “stated sizes must be mentioned under “All other origin” instead of only existing “International brand”. Followed by the criteria of “All other origin” under valuation ruling which is 15% less than international brand.”

You might also like

Khairpur Police recover Rs80m imported cloth stolen from hijacked trailer

07/07/2026

Govt keeps gas prices unchanged despite Ogra’s recommendation

07/07/2026

The order stated that this revision petition was filed on December 10, 2014 by LCCI against Valuation Ruling No 659/2014 dated 29.03.2014, which was found time-barred by about eight months.

In her order Director General Customs Valuation, Sumaira Nazir Khan stated that “the issue relates to valuation of Tyre & Tubes covered under HSC 4011.1000 which was decided in continuity to previous Ruling No 295/2011. The petitioner was initially provided a hearing opportunity on February 24, 2015 and they were asked to give their explanation on the time bar limitation. Since no reply to the same was received, another chance was given to them on March 17, 2015. Shafqat Saeed Peracha former Vice President of LCCI and Chairman of Tyre Association (Lahore Chapter) and Furqan Hanif, Joint secretary, appeared for hearing and reiterated the arguments submitted vide memo of appeal. However, their submission was silent on the point of time bar factor.”

However, DG stated while concluding the order that “I have examined the petitioner’s written/oral submissions and have also gone through the facts of the case on record. At the very outset, I find that the instant review petition was technically time-barred by over eight months. In this regard, the petitioners were informed that the case was barred by time vide this office letter No.DG(V)Val.Rev/156/2015/8222 dated February 16, 2015 but they failed to provide justification for this undue delay in the filing of this petition. I am therefore not inclined to consider this petition on its merit. Nevertheless, it is observed that on the point of argument concerning changes/amendment in the description of goods’ column of impugned ruling, concerning correction of size numbers etc. The revision petition shall stand disposed of in these terms, the order concluded.”

Related Stories

Khairpur Police recover Rs80m imported cloth stolen from hijacked trailer

byCT Report
07/07/2026

KHAIRPUR: Khairpur Police have recovered imported cloth worth Rs80 million that was stolen from a trailer hijacked a few days...

Govt keeps gas prices unchanged despite Ogra’s recommendation

byCT Report
07/07/2026

ISLAMABAD: Consumers will not receive lower gas tariffs in FY2026-27 after the federal government decided to retain existing rates despite...

FMCG importers ask FBR to review new packaging rules

byCT Report
07/07/2026

KARACHI: The Pakistan FMCG Importers Association (PFIA) has urged the Federal Board of Revenue (FBR) to review new packaging requirements...

Customs staff seize hashish worth Rs360m from Int’l Mail Office in Karachi

byCT Report
07/07/2026

KARACHI: The Collectorate of Customs at Jinnah International Airport (JIAP) seized 12 kilograms of hashish worth Rs360 million from two...

Next Post

MCCI asks govt to provide cargo aircrafts for export

  • 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.