ISLAMABAD: After hearing brief arguments on the customs matters filed by M/s Yarkan, a single bench of the Customs Appellate Tribunal adjourned the hearing until October 21.
The tribunal’s Member Technical, Muhammad Nasir Khan, heard the case carrying complaint on alleged misevaluation of imported goods.
M/s Yarkan had filed the case against Colelctorate of Customs, Islamabad. The appellant had challenged a decision announced by departmental adjudication in which it had maintained to seize imported fabric items by M/s Yarkan.
The adjudication had found the importer of guilty of misevaluation of imported goods. The decision stated that the items were cleared for value $ 3.75/kg, however the inquiry found its actual value as of $ 5/kg. Thereby, a difference of Rs 281,163,4 had occurred in evaluation of cost-duty ratio.
With the said findings, the adjudication maintained to seize the imported fabric items. The appellant had challenged the decision before the tribunal and a single bench of the tribunal adjourned hearing of the cases till September third week.
