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 Asco Int’l approaches SHC seeking release of used gas generators & lathe machines

byM.B. Rana
10/10/2018
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: M/s Asco International Private Limited approached the Sindh High Court (SHC) seeking release order for its imported two used gas generators and two lathe machines imported from Germany on bank guarantee.

On October 09, 2018, counsel for the petitioner stated in his constitutional petition that he imported the lot of two used gas generators and two lathe machines with all standard parts and accessories from Germany and filed Goods Declaration (GD) the transaction value at euro 21,862 which was paid according with law.

You might also like

Gold price jumps Rs5,700 per tola

22/08/2026

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

22/08/2026

He submitted that goods were selected for scrutiny and show-cause notice was issued to the petitioner by customs officials who alleged that the importer attempted to conceal the actual contents of the consignment and also mis-declared the classification as well as attempted to clear the banned goods.

He argued that importer submitted reply to the show-cause notice and rebutted all the three charges separately and being aggrieved moved appellate tribunal which is lying vacant; therefore, petitioner is left with no other options but to move the SHC for the release of his consignment.

Citing Secretary Finance, Collector Appraisement East, Collector Customs Adjudication-II as respondents, he pleaded the court to direct respondents to allow the clearance of the consignment importer by the petitioner on submission of bank guarantee/pay order to this court and restrain them from taking any coercive action against the petitioner till final order in this petition.

Related Stories

Gold price jumps Rs5,700 per tola

byCT Report
22/08/2026

KARACHI: Gold prices surged in both international and domestic markets, with the price of gold rising by $57 per ounce...

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

byCT Report
22/08/2026

ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal for virtual asset service providers. The move completes...

KP approves Digital Payment Act to promote cashless economy

byCT Report
22/08/2026

PESHAWAR: The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Promotion of Digital Payment Act 2026, aiming to promote digital...

Aurangzeb, SRF delegation, discuss investment opportunities, economic cooperation

byCT Report
22/08/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a meeting with a high-level delegation of the Silk...

Next Post

Sadiqabad Export Terminal will facilitate business community of region: Zahid Khokhar

  • 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.