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 Valuation Surriya decides to set aside VR No 1341/2018

byWaqar Ahmed Ansari
07/12/2018
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Director General Customs Valuation Suriyya Ahmed Butt has set aside the customs values of suitcases (soft & hard) of low end brands determined vide Valuation Ruling No.1341/2018 and ordered that the previous Valuation Ruling No.915/2016 will hold the field for assessment purposes till a fresh Valuation Ruling is issued in this regard.

M/s Nadeem Impex and others had approached the Director General Customs Valuation challenging the Valuation Ruling No.1341/2018 of suitcases that the values were issued without considering the fact and evidences, hence was not a speaking order and therefore completely mala-fide, arbitrary without jurisdiction and of no legal effect.

You might also like

PM Shehbaz directs FBR to accelerate tax reforms

10/08/2026

World Bank’s Rs115b Balochistan flood project restructured

10/08/2026

The petitioners submitted that the values of suitcases (soft & hard) of low end brands have been exorbitantly enhanced without getting any feedback or participation of the stakeholders. They agitated that due to sudden enhancement of values notified vide the impugned Valuation Ruling, the whole trade is going to be disrupted as their consignments are lying at the port and the values have been drastically enhanced – almost doubled as compared to the previous valuation ruling i.e. 915/2016.

The departmental representative submitted that the petitioners/stakeholders were afforded opportunities of meetings however, they failed to appear in the meetings and submit the requisite import documents. Therefore they did market surveys and notified Customs values accordingly.

After due deliberation, Director General Surayya Ahmed Butt observed that the applicants were not heard by the respondent Director Customs Valuation, Karachi while determining Customs values in the form of Valuation Ruling No.I341/2018.

Related Stories

PM Shehbaz directs FBR to accelerate tax reforms

byCT Report
10/08/2026

ISLAMABAD: Prime Minister Shehbaz Sharif has directed the Federal Board of Revenue (FBR) to further accelerate the implementation of ongoing...

World Bank’s Rs115b Balochistan flood project restructured

byCT Report
10/08/2026

QUETTA: The government has restructured a Rs. 115 billion World Bank-funded flood rehabilitation project in Balochistan amid allegations of mismanagement...

BoP set to issue Rs30b shares to Punjab govt in major equity move

byCT Report
10/08/2026

LAHORE: The Bank of Punjab (BoP) has just announced a massive financial move. The bank plans to issue up to...

xr:d:DAFGZLzySpE:597,j:42004660331,t:22112408

Future belongs to entrepreneurs who embrace AI, biotechnology: President ICCI

byCT Report
10/08/2026

ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has called for a fundamental transformation in Pakistan’s...

Next Post

Faisalabad I&I earns Rs6.3m through auction of NDP vehicles & goods

  • 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.