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

SHC orders release of consignment at new value, rate of duty

byCT Report
20/05/2017
in Karachi
Share on FacebookShare on Twitter

KARACHI: Sindh High Court (SHC) comprising Justice Munib Akhtar and Justice Arshad Hussain Khan ordered release on payment of enhanced duty after counsel for petitioner agreed to pay the new rate of duty, taxes and Regulatory Duty (RD) imposed on non alloy too.

The consignment was stuck up at port after the appellant and authorities of Pakistan Customs disputed the nature of imported consignment. The bench perused the report by Steel Committee consisted on its orders. However advocate Aqeel Ahmed appearing for the appellant submitted that dispute over nature of consignment becomes meaningless as government has recently imposed Regulatory Duty at a rate of 17 percent and now the Petitioner has to pay at a rate of 22 per cent. The petitioner is ready to pay at the new rate, he-submitted.

You might also like

SBP dollar purchases fall to 16-month low at $154m

02/09/2026

Sindh announces two-year tax relief for electric vehicles, bikes

02/09/2026

Interesting situation developed as Principal Appraiser Law, Pakistan Customs, Ilyas Ahsan opposed the plea and said duty taxes at a rate of 20 per cent are acceptable to the department and not at 22 per cent. The court however ruled over and  ordered release of the consignment after payment a a rate of 22 per cent.

Related Stories

SBP dollar purchases fall to 16-month low at $154m

byCT Report
02/09/2026

KARACHI: The State Bank of Pakistan (SBP) significantly reduced its dollar purchases from the interbank foreign exchange market in May,...

Sindh announces two-year tax relief for electric vehicles, bikes

byCT Report
02/09/2026

KARACHI: The Sindh cabinet approved a package of tax and registration incentives for electric vehicles (EVs), extending existing concessions for...

Pakistan moves to buy spot LNG cargo for September delivery, issues tender

byCT Report
01/09/2026

KARACHI: The government has decided to purchase a spot cargo of liquefied natural gas (LNG), with Pakistan LNG Limited (PLL)...

Good news for taxpayers: FBR rolls out complaint portal

byCT Report
01/09/2026

ISLAMABAD: The Federal Board of Revenue (FBR) is setting up a new online complaint portal to give taxpayers a direct...

Next Post

Customs court orders IOs to report on frozen properties of PO in 32 cases

  • 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.