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

M/s Aqtra approaches SHC against enhancement of valuation of black pepper

byM.B. Rana
12/03/2020
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: M/s Aqtra approached the Sindh High Court (SHC) and filed a petition challenging enhancement of valuation of imported consignments of black pepper from $1.00 per kg to $2.30 per kg.

On 10 March 2020, during the hearing, counsel for the petitioner stated that petitioner is seriously aggrieved and highly prejudiced by the actions of the respondents, whereby the respondents are assessing the imported consignment of the black pepper, duty and taxes on the basis of the valuation ruling no 1350/2019 issued by director of customs valuation.

You might also like

Pakistan SMEs can get up to Rs150,000 grant to join Alibaba; here’s how to apply

31/10/2026

Meat industry leaders urge authorities to establish modern slaughterhouse in Islamabad

31/10/2026

He further submitted that in accordance with the scheme of the customs act, 1969 and value of the impugned goods is assessed in accordance with the provisions of section 25 of 25A of the act, 1969, as relevant to the present context, the assessment of the black pepper was carried out as per the previously goods was cleared on the basis on previous valuation ruling 1047/2017 @$ 1.00 kg available with customs.

He said that director valuation issued valuation ruling no 1350 that the impugned valuation ruling enhancing 100% value @ $2.30 per kg stipulates the value of the basis of the values of the black pepper as stated in the China origin through under the so called.

As per preamble that they kept on board stakeholders (on the other hand the directorate have not given weight on the submissions submitted by Pakistan Kiryana Association).

It is categorically contended that such a concept of deriving values without keeping in view quality of goods by applying an arbitrary discount quotient however substantial it may be is not contemplated statutorily and thus alien to the valuation related customs legislation and ultra virus the schematic and sequential arrangement of the section 25 of the customs act, 1969.

Citing chairman FBR, the Collector of Customs Appraisement West/PMBQ and others as respondents, petitioner pleaded the court to declare that act of the respondents is illegal, mala fide and arbitrary.

Related Stories

Pakistan SMEs can get up to Rs150,000 grant to join Alibaba; here’s how to apply

byCT Report
31/10/2026

LAHORE: Pakistani small and medium-sized businesses have a new opportunity to enter international markets through e-commerce giant Alibaba.com, with the...

Meat industry leaders urge authorities to establish modern slaughterhouse in Islamabad

byCT Report
31/10/2026

ISLAMABAD: President of the All Pakistan Jamiat-ul-Quresh Meat Welfare Association and a member of the Livestock and Dairy Development Board,...

OGRA increases RLNG prices by up to 15.3pc in October

byCT Report
31/10/2026

ISLAMABAD: The Oil and Gas Regulatory Authority (OGRA) has increased regasified liquefied natural gas (RLNG) prices by up to 15.3%...

FBR misses October tax target by wide margin

byCT Report
31/10/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has fallen short of its October 2026 tax collection target, collecting Rs975 billion...

Next Post

Govt rejects report regarding any cut in PSDP

  • 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.