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 Breaking News

SHC seeks reply on petition challenging VR No 1432/2019

byM.B. Rana
04/02/2020
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) directed customs officials to file their para wise comments on a petition filed by M/s Abid Enterprises, M/s M.A Ilyas, M/s Brother Enterprises, M/s A.B International Agency and M/s Bilal Brothers Industries challenging valuation ruling no 1432/2019.

On 3 February 2020 a two-member bench headed by Justice Aqeel Ahmed Abbasi was hearing the matter.

You might also like

Attock Refinery halts operations amid road closures, fuel supply risks emerge

22/04/2026

KPRA reviews third quarter performance, charts trategy for final quarter

22/04/2026

During the hearing, counsel for the petitioner stated that importers are seriously aggrieved and highly prejudiced by the actions of the customs department, whereby, customs official have denied to accept the declared transaction value of the imported consignments of nylon yarn and are assessing the duty and taxes on the basis of the valuation ruling no 1432/2019.

He submitted that petitioner has challenged the above mentioned valuation ruling before Director General Valuation and revision petition under section 25D is pending goods are without following the sequential methods laid down under section 25 of the customs act, 1969, it is submitted that the revision petition under section 24D pending meanwhile the petitioners’ consignments have arrived at port for which the petitioners have sought provisional release of its consignments until final decision, however, customs officials have refused such request.

He further argued that consignments are at port and incurring heavy port demurrages besides other financial charges on containers, however, despite repeated requests, the customs officers have refused the provisional release of the said consignments.

Citing chairman FBR, the Collector of Customs Appraisement East/ West and the Director General of Directorate General of Customs Valuation as respondents, petitioner pleaded the court to restrain the respondents, their officers from any coercive action against the petitioners in respect of the past and closed consignments.

He further pleaded the court may direct the respondents to issue delay detention certificate.

Related Stories

Attock Refinery halts operations amid road closures, fuel supply risks emerge

byCT Report
22/04/2026

ISLAMABAD: Attock Refinery Limited has suspended operations due to road closures linked to heightened security measures and the expected arrival...

KPRA reviews third quarter performance, charts trategy for final quarter

byCT Report
22/04/2026

PESHAWAR: Collector Sales Tax on Services, Khyber Pakhtunkhwa Revenue Authority (KPRA), Muhammad Abbas Khan, chaired an internal review meeting of...

KCCI condemns shooting of Karachi industrialist, cites security fears

byCT Report
22/04/2026

KARACHI: The Karachi Chamber of Commerce & Industry on (KCCI) Tuesday condemned a gun attack on a prominent industrialist in...

DG Valuation revises customs values for used imported mobile phones vide VR No.2070/2026

byCT Report
22/04/2026

KARACHI: The Directorate General of Customs Valuation issued Valuation Ruling No. 2070/2026, replacing the earlier Valuation Ruling No. 2035/2026 dated...

Next Post

Customs Today Issue 04 Feb to 10 Feb 2020

  • 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.