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
Symbol of law and justice in the empty courtroom, law and justice concept.

Symbol of law and justice in the empty courtroom, law and justice concept.

SHC seeks reply on petition filed by M/s Shahid Majid & Sons against detention of consignments of electrolytic tin plate

byM.B. Rana
08/04/2021
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: the Sindh High Court (SHC) directed customs officials to make sure filing their para wise comments on a constitutional petition filed by M/s Shahid Majid & Sons against enhancement of valuation of imported consignments pertaining to electrolytic tin plate of secondary quality.

On 7 April 2021, counsel for the petitioner argued that directorate general of customs valuation issued a valuation ruling no 756/2015 of electrolytic tin plate (ETP) and tin free steel (FTS) which was withdrawn by the directorate on Jan 21, 2016, and directed the customs officials in terms of section 25 of customs act, 1969, it is pertinent to note that the directorate has fixed the valuation to be US$ 0.765 per kg and US$ 0.807 per kg of ETP and TFS, respectively.

You might also like

New, simple electricity bill format launched

17/06/2026

FCC declares property tax regime ‘confiscatory’

17/06/2026

He further submitted even in light of withdrawal of valuation ruling by the directorate, the customs officials are applying the same fixed value published via the withdrawn valuation ruling in the garb of data and guidelines on imports of the petitioners, defying the provisions of section 25 of the customs act, 1969, the petitioners fearing such treatment of their goods are compelled to invoke the court for release of their goods under section 25 of customs act, 1969.

Chairman FBR, Collector of Customs Port Muhammad Bin Qasim and Deputy Collector of Customs Port Muhammad Bin Qasim as respondents, petitioners pleaded the court to declare that the declared value of the petitioner as transaction value under section 25 (i) of customs act, 1969, directed them to assess/ release the goods of the petitioners provisionally under section 81 of customs act, 1969.

Tags: M/s Shahid Majid & SonsSHC

Related Stories

New, simple electricity bill format launched

byCT Report
17/06/2026

ISLAMABAD: The Power Division has introduced a new and simplified electricity bill format across the country to improve consumer convenience,...

FCC declares property tax regime ‘confiscatory’

byCT Report
17/06/2026

ISLAMABAD: The Federal Constitutional Court has held that Section 7E of the Income Tax Ordinance, 2001, was effectively illusory and...

Punjab proposes higher sales tax on restaurant payments via cards

byCT Report
17/06/2026

LAHORE: The Punjab government has proposed an increase in sales tax on restaurant payments made through digital channels under the...

Pakistan’s tech exports hit record $4.2b in 11MFY26: Khurram Schehzad

byCT Report
17/06/2026

ISLAMABAD: Advisor to the Finance Minister, Khurram Schehzad said on Wednesday that Pakistan’s information technology sector achieved a record export...

Next Post

ECC allows PIA to lay off 25pc of workforce via Voluntary Separation Scheme

  • 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.