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 Karachi

Appraisement East asks M/s Zealcon Engineering to surrender used imported trucks

byCT Report
16/05/2017
in Karachi
Share on FacebookShare on Twitter

KARACHI: Customs Appraisement East has asked a company to not to claim the dump trucks as second hand/used trucks of all sorts older than five years are not importable under temporary scheme.

The collectorate advised M/s Zealcon Engineering (Pvt) Ltd to surrender these trucks keeping the Ministry of Commerce’s import policy in mind.

You might also like

Honda Atlas challenges over Rs17b in tax disputes with FBR

10/06/2026

Pakistan remittances surge 20.2pc to $4.3b in May 2026

10/06/2026

M/s Zealcon Engineering, however, did not surrendered the vehicles despite the undertaking submitted by them that the vehicles would be surrendered within 48 hours of the receipt of notice from customs.

The company imported a consignment of two used Volvo Articulated dump trucks from UAE and claimed clearance under PCT heading 8429.1900 under temporary importation scheme claiming concessionary rate of duty vide SRO 450(1)/2001.

On physical examination, the manufacturing year of the truck were found as 2007 and correctly classifiable under PCT heading 8704.1090. As per Import Policy Order, old and used dump truck older than five years is not allowed to be imported.

Importer contested that import of used dump trucks older than 5 years are allowed for temporary import in terms of para-12(a) of Import Policy Order. In this regard, it is pointed out that the referred provisions allow temporary import-cum-export of all new or used plant machinery and equipment including specialized machinery by the construction companies or firms or oil and gas companies, oil exploration and production companies, mining companies and their authorized or approved contractors etc.

The collector Appraisement East was of the view that the trucks were imported in violation of Import Policy Order and should be out rightly confiscated. However, Chief Collector Appraisement South ordered release of the trucks on deposit of amount equivalent to the value of trucks and leviable duty and taxes amounting Rs18.2 million, thereon.

Meanwhile, a clarification was sought from the Ministry of Commerce about the importability of the vehicles and M/s Zealcon Engineering gave an undertaking to surrender the vehicles on notice of Customs in case Ministry does not approve the release of dump trucks.

Subsequently, Ministry of Commerce confirmed that the imported vehicles were not allowed to be imported as such these were cleared in violation of the Import Policy Order.

Customs advised the importer to surrender the trucks in April 2017, however M/s Zealcon Engineering did not surrendered the vehicles before customs. M/s Zealcon is said to be a CPEC contractor, an iron and steel importer as well as a bonded carrier.

Sources said the vehicles are specialized dump trucks and their value was much higher than the declared value. It was known the pay order of Rs18.2 million were accepted without any market inquiry about the value of vehicles.

Related Stories

Honda Atlas challenges over Rs17b in tax disputes with FBR

byCT Report
10/06/2026

KARACHI: Honda Atlas Cars (Pakistan) Limited has disclosed tax-related contingencies exceeding Rs17 billion in its Annual Report 2026, highlighting multiple...

Pakistan remittances surge 20.2pc to $4.3b in May 2026

byCT Report
10/06/2026

ISLAMABAD: Pakistan received workers’ remittances worth $4.3 billion in May 2026, showing strong growth in inflows, according to official data....

FBR establishes PRAL’s front desk at LTO Karachi

byCT Report
10/06/2026

KARACHI: Federal Board of Revenue (FBR) has established and operationalized a PRAL’s Front Desk at the Large Taxpayers Office (LTO),...

Pakistan-Iran trade halt at Gabd-Rimdan threatens LPG supplies, perishable exports

byCT Report
09/06/2026

GWADAR: Cross-border trade between Pakistan and Iran through the Gabd-Rimdan crossing has stopped, leaving hundreds of LPG vehicles stranded and...

Next Post

RCCI promoting business activities in the region: Abdul Qadir Baloch

  • 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.