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M/s Lucky Star Steel moves SHC against wrong valuation of iron, steel products

byM.B. Rana
29/11/2018
in Karachi, Latest News
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KARACHI: M/s Lucky Star Steel Industries Private Limited approached the Sindh High Court (SHC) against alleged wrong valuation of iron & steel products as secondary quality instead of prime quality.

On November 28, 2018, counsel for the petitioner stated in his constitutional petition that petitioner is engaged in import of prime quality iron & steel products (including HRC, CRC, GP, pre-painted etc and hereinafter the goods), which are covered/assessed under chapter 72 of Pakistan Customs Tariff under the relevant sub-chapter headings of “others” as opposed to secondary quality iron & steel products, which are specifically and expressly mentioned by their nomenclature i.e “secondary quality.

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He argued that during the course of his business, the petitioner imported a consignment of prime quality from China and received import documents in respect; thereof, having arranged for the consideration to be paid against proper banking channel.

Counsel further stated that the petitioner’s prime quality goods whilst lying on the port or either being on their way its representatives have been informed that such consignments are to be assessed as those of “secondary quality” on account of directives as contained in the public notice no 03/2018, whereby the second respondent has issued the so-called “guidelines” for the purported purpose of streamlining and facilitating the determination of secondary quality iron & steel products with effect from 10/11/12018.

Citing Chief Collector Appraisement South, Collector of Customs Appraisement West and East as respondents, importer pleaded the court to declare act of the respondents illegal, mala fide and restrain them from taking any coercive action against them till final order in this case.

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