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DG Valuation settles revision petition filed M/s Chawla Industries

byMubeen Hussain
08/02/2017
in Karachi, Latest News
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KARACHI: Director General Customs Valuation Syed Tanveer Ahmed has issued Order in Revision No.300/2017 under section 25-D of the Customs Act, 1969 against Valuation Ruling No. 809/2016 dated 25-01-2016. The revision petition was filed by M/s Chawla Industries (Private) Limited.

According to the details, the petitioner stated that the respondent has re-determined the value of the impugned goods, vide its valuation ruling No.809/2016 (MISC/27/2014-II/7910) dated 25-01-2016, without considering transactional value of the applicant under Section 25 of the Custom Act 1969 and revised the value under Section 25(9) of the Custom Act 1969.

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The unjust and harsh valuation ruling vide impugned order dated 25-1-2016 has been passed by the respondent under Section 25A and re-determined the value of the goods (a) US$ 1.6/Kg.

Director General Customs Valuation in his order stated that the record of the case has been examined and arguments put forward by the applicant as well departmental representative during the course of hearing have been considered. The petitioner has contended that prices of BOPP PVC adhesive tape in jumbo rolls have been declined in international market up to US$ 1.25/kg whereas they are paying duty/taxes at US$ 1.60/kg.

He said that the record of the case has been examined and the comments submitted by the Respondent Department have also been considered. Perusal of the case record reveals that the petitioner was invited to appear for hearing on 21-03-2016 and 02-06-2016 along-with relevant documents. It is evident that the Petitioner is not interested in furnishing valid and legally maintainable documents like import invoices, Letters of Credit, etc.

In view of aforesaid position, the factual imperfections and legal infirmities, the revision petition is not maintainable. Hence, the same merits no consideration and is accordingly rejected.

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