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DG valuation issues order in revision no 301/2017 against VR No.1007/2017

byMubeen Hussain
24/02/2017
in Karachi, Latest News
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KARACHI: Director General of Customs Valuation issues Order in Revision No.301/2017 under section 25-D of the Customs Act, 1969 against Valuation Ruling No.1007/2017 dated 11-01-2017; the revision petition was filed by M/S Al-Naqeeb Enterprises & Others.

The petitioner stated that aggrieved by the acts of the respondent director, whereby he has unlawfully, arbitrarily, without making a determination, has fixed the customs values of the artificial jewelry made of plastics / ordinary iron and artificial jewelry made of electroplated steel etc. (hereinafter collectively referred to as “the artificial jewelry’) vide Valuation Ruling No. 1007 of 2017 dated 11.01.2017. The respondent director has acted in grave violation and in excess of the powers conferred upon him which is causing serious harm and loss to the petitioner.

Director General of Customs Valuation in his order stated that hearing in this case was fixed on 25-01-2017. Mr.Rana Zahid Hussain, Advocate appeared on behalf of M/s Al-Naqeeb Enterprises, Lahore and others against Valuation Ruling No.1007/2017, dated 11-01-2017 for Artificial Jewellery made of plastic/ordinary iron and electroplated steel etc.

The Advocate further contended that a market survey was conducted of artificial jewellery at Lahore office as main market is in Lahore and consumption in Punjab. The Survey was conducted by Lahore Valuation office but the findings were never disclosed. Principal Appraiser group was asked whether any survey was conducted. He told that officially survey was conducted from whole sale market of Lahore.

The Director General Customs Valuation said that keeping in view the market survey conducted by Lahore office and websites data; I am of the opinion that the customs values were determined on higher side.

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