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 Karachi

DG Customs Valuation Tanveer Ahmed issues Order in Revision No 268/2016 against VR No 905/2016

byMubeen Hussain
25/11/2016
in Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: Director General Customs Valuation Syed Tanveer Ahmed issues Order in Revision No.268/2016 under section 25-D of the Customs Act, 1969 against Valuation Ruling No.905/2016 dated 11-08-2016.

According to the details, the revision petition was filed by M/s Al-Aziz Enterprises & others under section 25-D of the Customs Act, 1969 against customs value determined vide Valuation Ruling No.905/2016 dated 11-08-2016 issued under Section 25-A of the Customs Act, 1969.

You might also like

Khunjerab becomes Trade Powerhouse as Pakistan earns Rs15b from Chinese imports

25/08/2026

PSW, PAA sign MoU to digitalize air cargo charge collection

25/08/2026

The petitioner is engaged in the import and trade of inter alia, unbranded ordinary hair accessories made of base metal or plastic or combination of both items of China origin who scrupulously discharges its liabilities under the various laws and has contributed huge sums to national exchequer by way of, inter alia, diligent payment of duties and taxes. The petitioner, in due course of its business, undertakes imports of the said hair accessories from China.

The Director General Customs Valuation Syed Tanvir Ahmed stated in his orders that the case record and written as well as verbal submissions of the petitioners were examined in detail. The petitioners in their review applications dated 29-8-2016 under section 25-D of the Customs Act, 1969 contented that they were aggrieved of the customs value determined vide Valuation Ruling No.905/2016 dated 11-08-2016 for unbranded ordinary hair accessories made of plastic and base metal (ordinary iron/ or combination of both items of China origin).

The Director General said that “they further stated that the same goods are also imported from India on very small scale, therefore Indian origins value may also be included in revision order. They stated that Indian origin hair accessories are slightly superior in quality”.

The petitioners objected that they are seriously aggrieved by the valuation ruling as this has been issued unlawfully, arbitrarily, without making a determination and on an ex-parte basis of hair accessories made of plastics/ordinary iron etc (hereinafter collectively referred to as the hair accessories) vide Valuation Ruling No.906/2016. The hair accessories include hair clips, pony, hair band etc. The learned counsel also contended that in the impugned ruling in-correct categories have been incorporated. The hair accessories are combination of plastic or steel and plastic and are further combined with filler and recycled material, stated DG Customs Valuation in his order.

Related Stories

Khunjerab becomes Trade Powerhouse as Pakistan earns Rs15b from Chinese imports

byCT Report
25/08/2026

LAHORE: Pakistan’s northern trade gateway witnessed record-breaking performance, with Customs authorities collecting nearly Rs15 billion in revenue from imports through...

PSW, PAA sign MoU to digitalize air cargo charge collection

byCT Report
25/08/2026

ISLAMABAD: The Pakistan Single Window (PSW) and the Pakistan Airports Authority (PAA) have signed a Memorandum of Understanding to digitalize...

State Bank reveals cost of printing Rs5,000, Rs1,000 currency notes

byCT Report
25/08/2026

KARACHI: Producing a Rs5,000 or Rs1,000 currency note costs Rs14, State Bank of Pakistan officials told the Senate Standing Committee...

Pakistan receives over $763m in external assistance in July

byCT Report
25/08/2026

ISLAMABAD: Pakistan received more than $763 million in external financial assistance during July, the first month of the current fiscal...

Next Post

Custom court awards 19 days imprisonment to 2 suspects in currency smuggling case

  • 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.