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

M/s Al Chan Corp moves SHC against determination of valuation of polyurethanes

byM.B. Rana
21/09/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) has issued notices to customs authorities and deputy attorney general on a constitutional petition filed by M/s Al Chan Corporation, M/s Lasting Knits, M/s Silver Zone and M/s Orfit Shoes Industry against determination of valuation of polyurethanes of Chinese origin.

While the hearing of the petition, a two-member bench, comprising Justice Munib Akhtar and Justice Umer Sial, also directed them to file their respective para wise comments on the next date of hearing.

You might also like

Chinese consortium to expand investment in Pakistan’s capital market infrastructure

15/06/2026

Banks must upload account data to FBR Hub under FY27 Bill

15/06/2026

Earlier, counsel for the petitioners stated that they were the manufacturers of various types of foot-wears and import raw material, including polyurethanes, from different countries of the world. The counsel argued that they imported the above mentioned goods according to law, however, they were informed by the customs authorities that customs officials were assessing/ determining the values of polyurethanes of Chinese origin imported by the petitioners.

Citing Chairman Federal Board of Revenue, Director of Customs Valuation Customs Collectorate West as respondents, petitioners pleaded the court may declare that act of the respondents is illegal, mala fide and arbitrary, counsel further pleaded the court may direct them to release their consignments according with law.

 

Related Stories

Chinese consortium to expand investment in Pakistan’s capital market infrastructure

byCT Report
15/06/2026

ISLAMABAD: Chinese investors have reaffirmed their long-term commitment to Pakistan’s capital markets following the resolution of key regulatory matters by...

Banks must upload account data to FBR Hub under FY27 Bill

byCT Report
15/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed mandatory electronic data sharing by all banks and Electronic Money Institutions...

FBR Bahawalpur Zone recovers Rs530m in record enforcement drive

byCT Report
15/06/2026

BAHAWALPUR: The Federal Board of Revenue (FBR) Bahawalpur Zone has recovered over Rs530 million in taxes from Islamia University of...

Finance Bill 2026 expands FBR audit powers under sales tax law

byCT Report
15/06/2026

ISLAMABAD: The Finance Bill 2026 has proposed significant amendments to Section 25 of the Sales Tax Act, 1990, granting Inland...

Next Post
revenue - currency

AB BBIA earns 43.15% duties & taxes during 16 days of present month

  • 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.