KARACHI: M/s Jugnoo Electric Store approached the Sindh High Court (SHC) and filed a constitutional petition against detention of its imported consignment of polyurethane pre-polymer due to disputed valuation and also challenged valuation ruling no 1351/2019.
On 22 August, 2020, counsel for the petitioner stated that petitioner has imported a consignment comprising polyurethane pre-polymer and entered into a contract with supplier M/s ZHEJIANG HUAFON New Materials Co Ltd China for purchase of imported consignment dated July 26, 2020 along with its packing list, on transaction value of total invoice value of US$ 1.20 kg.
He further submitted that on arrival of the goods at Karachi Port, petitioner has filed goods declaration and requested the appropriate officer to accept the declare value and finalize the assessment accordingly.
He argued that however, concerned officer has not agreed with the declared transactional value and arbitrarily assessed the values on the basis of valuation ruling no 1351/2019 which under the law does not exist.
He stated that petitioner has disagreed with the proposed assessment and since there is dispute in valuation of the impugned goods. Therefore, petitioner approached to respondent to revisit the valuation and to allow provisional release of the consignment pending the final decision by the Director Valuation, however, no response to our above application has been received so far and petitioner’s consignment is lying at port and heavy demurrages despite other charges incurring on containers.
Citing chairman FBR, collector of Customs Appraisement West, director Valuation as respondent, petitioner pleaded the court to declare that act of the respondent is illegal, mala fide and arbitrary and direct them to release his consignment immediately according with law.
