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

Importers move SHC against Valuation Ruling No 1299/18

byM.B. Rana
02/11/2018
in 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 petition filed by M/s Makkas Impex, M/s International Trading Co, M/s Aslam Traders and Khimani Impex against disputed valuation of dry ginger’s consignments. On November 01, 2018, a two-member bench, headed by Justice Aqeel Ahmed Abbasi heard the matter.

During the hearing, counsel for the importers stated that petitioners are seriously aggrieved and highly prejudiced by the actions of the respondents, whereby the respondents are assessing the imported consignments of dry ginger and demanded duty and taxes on the basis of the valuation ruling No 1299 of 2018 dated 26/04/2018 issued by Director of Customs Valuation despite the fact that the impugned valuation ruling is not sustainable in the eyes of law and has accordingly been challenged by the petitioners under Section 25-D of the Customs Act, 1969 before DG Valuation.

You might also like

Pakistan earns over Rs1.83bn from hunting in 2 years

24/08/2026

FTO questions RTO Islamabad’s handling of PAF-linked tax refund claim

24/08/2026

Counsel argued that the impugned valuation ruling without it being determined in accordance with law amounts to an action in derogation of law hence is unwarranted, illegal, mala-fide and against the principle of natural justice, as result the petitioners are suffering unnecessary losses.

Citing chairman Federal Board of Revenue, chief collector of Customs South, Collector of Customs West, DG Valuation as respondents, importers pleaded the court to declare that impugned Valuation Ruling 1299/18 as arbitrary, unlawful and ultra-vireos the Customs Act, 1969, the Customs Rules 2001 and the Constitution of Pakistan, 1973. Importers also pleaded the court to direct them to release their consignments of said goods immediately.

 

Related Stories

Pakistan earns over Rs1.83bn from hunting in 2 years

byCT Report
24/08/2026

ISLAMABAD: Pakistan generated more than Rs1.83 billion from Markhor and Ibex trophy hunting between 2023 and 2025, according to details...

FTO questions RTO Islamabad’s handling of PAF-linked tax refund claim

byCT Report
24/08/2026

LAHORE: The Federal Tax Ombudsman (FTO) has criticised the Regional Tax Office (RTO) Islamabad over its handling of an income...

Keti Bunder Port to have multi-purpose terminal

byCT Report
24/08/2026

ISLAMABAD: President Asif Ali Zardari has called for integrated development of Keti Bunder Port with focus on connectivity and local...

Pakistan's President Asif Ali Zardari is seen during a meeting with his Turkish counterpart Abdullah Gul (not pictured) in Istanbul November 1, 2011.   REUTERS/Murad Sezer

President directs FBR to implement taxpayer-favorable ADRC decision

byCT Report
24/08/2026

ISLAMABAD: President Asif Ali Zardari has directed the Federal Board of Revenue (FBR) to implement a taxpayer-favorable decision issued by...

Next Post

Another counsel concludes arguments on bail petition in KPT illegal appointments & corruption case

  • 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.