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M/s G’ FIVE Mobile challenges Valuation Ruling No 1168/2017

byM.B. Rana
15/06/2019
in Karachi, Latest News
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KARACHI: M/s G’ FIVE Mobile Private Limited approached the Sindh High Court (SHC) against Valuation Ruling No 1168/2017 for determination of valuation of imported PCB for mobile at $13 per piece instead of US$ 1 per piece.

On June 14, 2019, counsel for the petitioner filed constitutional petition and argued that petitioner is private limited company engaged in the import of the mobile parts & accessories in the brand name of M/s G’ FIVE Mobile Private Limited and is seriously and highly prejudiced by the actions of the respondents, whereby the respondents are assessing the value of imported consignment comprising PCB for mobile at US$ 1 per pc without application of existing valuation ruling No 1168/2017 dated 22/05/2017 in which values of the impugned goods have been determined at US$ 13 per kg despite the fact that the valuation ruling is in the field.

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He further submitted that they denied to assess the value of the goods in terms of the valuation ruling no 1168/2017 and assessed the goods at US$ 1 per kg instead of US$ 13 per kg.

Citing chairman Federal Board of Revenue, the collector of Customs MCC Appraisement West as respondents, petitioner pleaded the court to declare that assessment alert or directives of the respondents no is illegal, malafide, confiscatory and arbitrary.

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

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