KARACHI: The Sindh High Court (SHC) has directed the tax authorities to file their para-wise comments on a petition filed by M/s Amir Brothers challenging impugned Valuation Ruling No 926/2016 through which customs values of “fusible interlining material” was increased.
A two-member bench headed by Chief Justice Sajjad Ali Shah was hearing the petition. During the hearing, Kashif Nazeer advocate filed power of attorney on behalf of the Customs Department and sought time to submit para-wise comments; therefore, the court granted him time and adjourned the hearing.
Earlier, counsel for the petitioner stated that petitioner is engaged in the lawful import of fusible interlining material especially from China, adding that petitioner is highly professional and having goods reputation in open market. It imported consignments relating to non-woven fusible interlining and woven fusible interlining and filed goods declaration which was not accepted by the officials of the customs department.
According to the petitioner, respondents arbitrarily assessed the said goods at the enhanced value on the basis of impugned Valuation Ruling No 926/2016.
Citing Federal Board of Revenue (FBR) chairman, collector of Customs Appraisement-West, Customs Valuation director and director general as respondents, the petitioner pleaded the court may declare that fixation of price by the respondents through impugned valuation ruling, demanding duty and taxes illegal, mala fide and arbitrary and court set aside impugned valuation ruling.
