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

SHC seeks comments on petition filed by M/s Akbar Tube Industries

byCT Report
11/05/2019
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) directed customs officials to make sure to file their para wise comments on a petition filed by M/s Akbar Tube Industries seeking release order of its imported consignments of hot-rolled steel coils and galvanized steel coil of secondary quality seized by customs department due to disputed valuation.

On May 10, 2019, a two-member bench, headed by Justice Aqeel Ahmed Abbasi was hearing the matter.

You might also like

AJK tax return filing deadline extended to November 30, 2026

26/10/2026

Chinese business delegation vows deeper trade, joint ventures with Pakistan

26/10/2026

During the hearing, counsel for the petitioner stated in his petition that during course of its normal business, the petitioner has imported various consignments of hot-rolled steel coils and galvanized steel coil of secondary quality and on arrival filed goods declarations according with law.

He further submitted that however, respondents are bent upon to assess the customs value of subject consignments are per valuation ruling, bearing no 1213/2017 under section 25A ibid, which has been set aside being declared as without lawful authority by the appropriate appellate authority and customs appellate tribunal in a number of appeals there-against vide an earlier judgment dated 18/07/2018 and subsequent through a consolidated judgment dated 20/10/2018 and that the same judgments hold the field till date as no suspension order has been attained by the respondent collectorates till date.

He further submitted that act of the respondents to deny to assess the subject goods under mandate of Section 25(I), in absence of any valuation ruling under section 25A ibid, is illegal, unlawful and without lawful authority.

Citing Chairman Federal Board of Revenue, Chief Collector of Customs South and Collector of Customs Imports (Port Qasim) as respondents, petitioner pleaded the court to declared that act of the respondents as illegal, mala fide and arbitrary and direct them to release its consignments on bank guarantee.

He further pleaded the court to restrain them from taking any coercive action against the petitioner till final order in this petition.

Related Stories

AJK tax return filing deadline extended to November 30, 2026

byCT Report
26/10/2026

MIRPUR: Taxpayers in Azad Jammu and Kashmir (AJK) have been given additional time to file their income tax returns for...

Chinese business delegation vows deeper trade, joint ventures with Pakistan

byCT Report
26/10/2026

BEIJING: A high-level Chinese business delegation visited the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Capital Office in...

Iran denies closing border with Pakistan, blames import documentation changes for LPG trade disruption

byCT Report
26/10/2026

TEHRAN: Iran has denied reports that it has closed its border with Pakistan, saying there are no restrictions on exports...

Govt plans new cosmetics law to curb smuggling

byCT Report
26/10/2026

LAHORE: The Senate Standing Committee on Science and Technology has directed the Pakistan Cosmetics Manufacturers Association (PCMA) to register itself...

Next Post

Multan Customs seizes huge quantity of apples worth Rs3.5m near Mian Channu

  • 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.