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 Breaking News

Importers move SHC seeking concession under Pak-China FTA on imports of paper products

byM.B. Rana
20/01/2021
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) directed customs officials to file their respective para wise comments on a constitutional petition filed by M/s Barry Industries Private Limited, M/s The Time Press Limited, M/s Abbas Traders, M/s A. Wahab Traders, M/s Junaid Traders and M/s International Business Management seeking 4 percent concession under Pak-China FTA of their imports of 2/S coated paper of a kind used for writing, printing and other graphic purposes.

On 19 January 2021, during the hearing, counsel for the petitioners stated that petitioners are regular importers of goods having description 2/S coated paper of a kind used for writing, printing and other graphic purposes, since long which are being assessed and released by the customs authority by classifying the same under HD Code 4810.1910 chargeable to 20% customs duty and other leviable taxes in the light of laboratory and other tests conducted time to time, however, imports of such goods from China the customs duty is chargeable 16 percent under China-Pakistan FTA in compliance of SRO 1640(I)/ 2019.

You might also like

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

21/07/2026

Pakistan banks expected to report lower Q2 2026 profits

21/07/2026

He further argued that suddenly any out-of-charged consignment of an importer M/s Salman Paper Products of subject goods classified under HS Code 4810/1920 as per long-standing practices of customs was detained on a frivolous complaint of a business rival filed through a retired customs officer doing consultancy in the name of M/s Ideal Tax Management, wherein, allegation of mis-declaration of classification of subject goods was made.

He submitted that goods having goods declaration without notice under HS Code 4810.1910 chargeable to 20% statutory rated of duty without having 4% concession under Pak-China FTA by depriving from long-standing departmental practices of classifying these goods under HS Code 4810.1010 in an about discriminatory manner in absence of a public notice.

Citing Chairman FBR, Chief Collector of Customs Appraisement South and Collector of Customs Chairman of Classification Committee as respondents, petitioner pleaded the court to direct them to provide right of opportunity of fair hearing to the petitioners in the proceedings of classification of subject goods being conducted in terms of para 2 (viii) of CGO No 12/2002 dated June 15, 2002 in the light of interpretation made by the Lahore High Court and refrain them from finalizing the decision of classification of subject good unless right of opportunity of fair hearing provided to the petitioners.

Related Stories

FBR excludes FTA, PTA customs concessions from 2026 tax expenditure report

byCT Report
21/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has left customs duty concessions granted under Free Trade Agreements (FTAs) and Preferential...

Pakistan banks expected to report lower Q2 2026 profits

byCT Report
21/07/2026

KARACHI: Pakistan’s banking sector is expected to report lower earnings in the second quarter of 2026 as the impact of...

FTO orders FBR to fix IRIS glitches blocking Rs2.3m tax credit

byCT Report
21/07/2026

ISLAMABAD: The Federal Tax Ombudsman (FTO) has ruled that the Federal Board of Revenue (FBR) cannot use technical limitations of...

FBR imposes excise duty on e-liquids used in vapes & e-cigarettes

byCT Report
21/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has for the first time brought e-liquids used in vapes and electronic cigarettes...

Next Post

Payment of duties & taxes to be made electronically from Jan 20: Collector Mohsin Rafiq

  • 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.