KARACHI: M/s Al Hamra Trading Company approached the Sindh High Court (SHC) against detention of its imported consignment of natural raw rubber RSS on the basis of valuation ruling 1092/2017 dated March 18, 2017.
On 26 May 2022, during the hearing counsel for the petitioner stated that his client is seriously aggrieved and highly prejudiced by the actions of the respondents, who have been denied to accept the declared transaction value of the imported consignment of natural raw rubber RSS and is illegal assessing the duty and taxes on the basis on valuation ruling no 1092/ 2017 despite the fact the impugned valuation ruling in not applicable on the imported impugned goods and without prejudice its validity has being beyond the period of 90 days.
He submitted that requested respondents to allow provisional release of the consignment pending the final decision by the director of customs valuation, however, no response to has been given on his application so far the petitioner’s consignments are lying at port incurring heavy port demurrages despite other charges incurring on containers.
Citing Chairman Federal Board of Revenue, Collector of Customs Appraisement West, East and Director, Directorate of Customs Valuation as respondents, petitioners pleaded the court to declare that the denial of declared transaction value under section 25 (1) of the customs act, 1069 is arbitrary and illegal to the customs act, 1969.
Importers further pleaded the court may direct the respondents to release the impugned consignments arrived yet to arrive, on way to arrive and shipped on transaction values in terms of section 25 (1) of the customs act, 1969.
