KARACHI: M/s Dawn Convertic Private Limited and M/s Dawn Paper Mart have approached The Sindh High Court (SHC) and filed a constitutional petition challenging valuation ruling 1467/2020 issued by director valuation ruling.
On 5 December 2020, counsel for the petitioner’s stated that petitioners are entities and regular importer of papers since long and pay the duties and tax regularly, previous valuation ruling no 1334/2018 issued under section 25A of the customs act, 1969 wherein, the customs values of imported goods of China origin were determined as US$ 1.71 kg.
He further informed the court that due to drastic slump in the international market due to corona pandemic, the rate of Chinese origin self-adhesive sticker papers also reduced, hence, in response to the applications of the importers for fresh valuation ruling, the customs officials held pre-determination meeting dated Aug 18, 2020 wherein, the petitioners being major importer of Chinese origin self-adhesive sticker papers also participated and submitted a detailed written submission alongwith supported documents in respect of determination of fresh customs values of its imported consignments Chinese origin self-sticker papers for reduction of Chinese origin self ad-hesive sticker papers from previous valuation ruling to fresh valuation ruling. The petitioners content vehemently customs value of U$ 1.245 kg on the basis of authenticated genuine transaction value of Chinese origin self-adhesive sticker papers.
Counsel submitted that being aggrieved and dissatisfied with the impugned valuation ruling 1467/2020 by director valuation as well as order-in-revision No 41 of 2020 passed by Director General of Valuation.
Citing secretary Revenue Division, director Valuation and DG Valuation as respondents, petitioners pleaded the court may declare that act of the respondents is illegal and malafide and the court may restrain them from assessing the petitioners’ goods on the basis of valuation ruling 1467/2020.
