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

Importers move SHC against wrong valuation of iron & steel products

byM.B. Rana
03/12/2018
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Several importers including M/s Raja Steel approached the Sindh High Court (SHC) against wrong valuation of iron & steel products as secondary quality instead of prime quality.

On November 30, 2018, several importers filed separate petitions through their counsels and argued that they are regular importers of iron and steel products.

You might also like

IFC invests $20m in Novatex to bolster Pakistan’s packaging exports, sustainable production

08/08/2026

Pakistan begins preparing FATF 2027 performance report

08/08/2026

They submitted that they are engaged in import of prime quality iron & steel products 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”.

Importers further argued that during the course of their business, the petitioners imported consignments of prime quality from China and have received import documents in respect, having arranged for the consideration to be paid against proper banking channel.

Counsels further stated that the petitioners’ prime quality goods whilst lying on the port or either being on their way and they  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, importers pleaded the court to declare that act of the respondents as illegal, mala fide and restrain them from taking any coercive action against it till final order in these petitions.

Related Stories

IFC invests $20m in Novatex to bolster Pakistan’s packaging exports, sustainable production

byCT Report
08/08/2026

ISLAMABAD: The International Finance Corporation (IFC) has announced an investment of up to US$20 million in Pakistan’s leading plastic packaging...

Pakistan begins preparing FATF 2027 performance report

byCT Report
08/08/2026

ISLAMABAD: Preparations for Pakistan’s 2027 Financial Action Task Force (FATF) report have begun, with the Karachi Desk starting to compile...

High powered Chinese business delegation explores bilateral trade & investment avenues at ICCI

byCT Report
08/08/2026

ISLAMABAD: President of the Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has called for taking Pakistan-China economic...

PRA adopts zero-tolerance policy for implementation of E-IMS

byCT Report
08/08/2026

LAHORE: The Punjab Revenue Authority (PRA) has adopted a zero-tolerance policy for province-wide implementation of the Electronic Invoice Monitoring System...

Next Post

CarFirst launches all-female staff purchase center for used cars

  • 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.