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 Dollar Industries moves SHC against valuation enhancement of stationary items

byM.B. Rana
30/07/2018
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: M/s Dollar Industries Private Limited approached the Sindh High Court (SHC) seeking release of its consignments of stationary items including black lead pencils and colour pencils being imported by the petitioner on the basis of Valuation Ruling No 1182/2017.

On July 28, 2018, counsel for the petitioner stated in its constitutional petition that petitioner is seriously aggrieved and highly prejudiced by the actions of the customs department, whereby, customs officials are carrying out final assessment of the consignments of stationary items including black lead pencils and colour pencils being imported by the petitioner on the basis of the Valuation Ruling No 1128/2017 and are demanding duties and taxes on the basis thereof, while requests of provisional release of such consignments are not being entertained.

You might also like

Dr Gohar Ejaz Group secures clean sweep in APTMA annual elections

25/08/2026

ECC approves wheat stock mix, petroleum imports and key grants

25/08/2026

Counsel argued that such actions of the respondents are impermissible under the law, especially in light of the fact that the Valuation Ruling No 1128/2017 as well as the Order-in-Revision No 416 of 2017 issued and passed by the customs officials have been challenged by the petitioner before the Customs Appellate Tribunal under section 194 A of the Customs Act, 1969 and the said appeal has been heard and reserved by the tribunal.

Citing Secretary Revenue Division, DG Valuation, Director Valuation, Customs Appraisement East and West as respondents, he pleaded the court to declare that while the vires, legality etc, of the valuation ruling issued under section 25A of the customs act, 1969 and is pending before any forum having competent authority, consignments of goods covered by such a valuation ruling/instrument shall be released on a provisional basis under Section 81 of the Customs Act, 1969 and the securities/bank guarantees provided for provisionally released consignments shall not be enchased. He also pleaded the court may direct them to release its consignments immediately.

Related Stories

Dr Gohar Ejaz Group secures clean sweep in APTMA annual elections

byCT Report
25/08/2026

LAHORE: The Dr Gohar Ejaz-led group has secured a clean sweep in the annual elections of the All Pakistan Textile...

ECC approves wheat stock mix, petroleum imports and key grants

byCT Report
25/08/2026

ISLAMABAD: The Economic Coordination Committee (ECC) has approved a plan to maintain 85% locally procured and 15% imported wheat in...

Small traders attend online awareness session on simplified tax scheme

byCT Report
25/08/2026

MULTAN: Small traders and tax lawyers from across south Punjab attended an online awareness session organized by Federal Board of...

Pakistan earns over Rs1.83bn from hunting in 2 years

byCT Report
24/08/2026

ISLAMABAD: Pakistan generated more than Rs1.83 billion from Markhor and Ibex trophy hunting between 2023 and 2025, according to details...

Next Post

FBR motivates investors, property dealers to avail benefits of Tax Amnesty Scheme

  • 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.