KARACHI: Customs Valuation Director General Syed Tanveer Ahmed has rejected the revision petition filed by a footwear importer.
The director general also upheld the values determined by the Valuation Ruling No.859/2016. Mariam Enterprises and Noor Traders had approached the DG seeking revision in the impugned valuation ruling.
The petitioner contended that the impugned Valuation Ruling of Shoes Slippers etc was determined unilaterally and illegally at the instance of local manufacturers and enhanced the previous determined customs values by 100 percent without hearing the applicant and other stakeholders.
After detailed deliberation of the case, DG Syed Tanveer Ahmed concluded that the valued determined were fair and determined after exhausting all the methods.
