KARACHI: Director General Customs Valuation Syed Tanveer Ahmed issues Order in Revision No. 278/2016 under section 25-D of the Customs Act, 1969 against Valuation Ruling No.903/2016 dated 09-08-2016 the revision petition was filed by M/s Home Plus Pvt. Ltd & Others.
The petitioner stated that the Director of Customs Valuation has determined the customs value of household appliances vide valuation ruling no.903/2016 (Misc/04/2006- VII (part-I)) dated 9.8.2016 in conflict with the principles of law enunciated by the Supreme Court of Pakistan in its landmark judgment in the case of Collector of Port Muhammad Bin Qasim V/S Zymotic Diagnostic International, Faisalabad, 2008 SCMR 438 in which the Supreme Court of Pakistan has dismissed the petition for leave to appeal filed by Collector of Customs, Port Qasim, Karachi
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Petitioner also said that being seriously aggrieved with the valuation ruling no.903/2016 (Misc/04/2006-VII (Part-I)) dated 09.08.2016 passed by the learned Director of Customs Valuation in respect of household appliances of PCT Headings 8508, 8509, 8516 & 8543, which we disagree being harsh, unlawful and ultra-vires to the Customs Act, 1969, if we may say with enormous respect. We, therefore, opt for the remedy by filing this revision petition under Section 25D of the Customs Act, 1969
Director General Customs Valuation in his order said that in pursuance of high court order in March 2016 the Directorate General Customs Valuation re-determined the customs values a fresh and instead of considering their submissions made at the time of meeting held in this regard.
Keeping in view the Submissions made by the petitioners, respondent department reply, and market enquiry conducted, the ‘A’ ‘B’ and C categories of the house hold appliances are rationalized and the applicable customs values for A” category appliances are re-determined under Section 25A(3) read with Section 2.5D of the Customs Act, 1969.
