KARACHI: M/s Manto Enterprises filed petition before the Sindh High Court (SHC) challenging valuation ruling no 1454/2020 and seeking release of consignment comprising of woven/ knitted furnishing (sofa and curtain fabric) imported from China.
On July 1, 2020, counsel for the petitioner stated that petitioner imported a consignment comprising of woven/ knitted furnishing (sofa and curtain fabric) and entered into a contract with the supplier M/s Haining Hongsheng Textile Co Ltd China for purchase of imported said items along with its packing list on transaction value of total invoice value USD 3.38. The impugned goods were shipped and arrived at Karachi Port.
He said that petitioner has filed goods declaration and approached the concerned customs officials to accept the declared goods declaration and finalize the assessment as per invoice value accordingly.
He submitted that however, said officer of customs department has not agreed with the declared transaction value and arbitrarily assessed the value on the basis of valuation ruling no 1454/2020 which was challenged the director general of customs department.
He argued that petitioner claimed that the declare transaction invoice value under section 25 (1) of the customs act, 1969, the price of which is actually paid or payable to the seller, it is submitted that the prices declared by the petitioner in the impugned goods declaration are the actual transaction values.
Citing chairman FBR, collector of Customs Appraisement West/East/Port Muhammad Bin Qasim and DG Valuation as respondents, petitioner pleaded the court to declare that denial of declared transaction value under section 25(1) of the customs act, 1969 is arbitrary and illegal to the customs act, 1969 and declare the impugned valuation ruling without following the sequential method laid down under section 25 of the customs act, 1969 is ultra vires, illegal and contrary to the provisions of the customs act, 1969.
