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

M/s Karsons Enterprises approaches SHC against enhancement in valuation 

byM.B. Rana
06/07/2020
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: M/s Karsons Enterprises has approached the Sindh High Court (SHC) and filed petition against enhancement of its imported 236 drums net weight 38,940 kilograms, sodium mauryl ether sulfate 70 percent 165 kgs plastic drum each imported from China from US$0.95/kgs to US$1.42/kgs.

On 4 July 2020, counsel for the petitioner stated that petitioner is engaged in business of import, wholesaler, distributors, dealing in different miscellaneous items and running his business in a lawful manner accordingly and has never been indulged in activities in derogation of law.

You might also like

Hinza Asif meets President RCCI

08/06/2026

Karachi Port completes Pakistan’s first 1,500-tonne VLSFO bunkering operation

08/06/2026

He further submitted that in the normal course of business, the petitioner is engaged in the lawful imported their respective consignments regularly of 236 drums net weight 38,940 kgs, sodium mauryl ether sulfate 70 percent 165 kgs plastic drum each from China and filed goods declaration against the mutual agreement for $0.95/kilograms and such price actually paid/payable by the petitioner is, inter/alia, inclusive of the cost of packing and electronically filed the GDs in accordance with law.

He said that however, customs department’s officials opened their case, and without lawful reasons refused the clear the imported goods on declared value and assessed the GDs on enhance value for $1.42/kg, consequently the import duty and taxes were enhance against HS Code 4302, on the basis of irrelevant data/ guide line, without any cogent evidence/ specific reasons, without consider the subject goods are imported against contract agreement as well as bank transaction.

Citing Chairman FBR and The collector Customs Appraisement East, West as respondents, petitioner pleaded the court to declare that act of the respondents as illegal, mala fide and arbitrary.

He further pleaded the court to direct them to release his consignment on declared value and restrain them from taking any coercive action against the petitioner till final order in this petition.

Related Stories

Hinza Asif meets President RCCI

byCT Report
08/06/2026

RAWALPINDI: Hinza Asif, President of Asia Web3 Alliance Japan (AWAJ), held a productive meeting with the President of the Rawalpindi...

Karachi Port completes Pakistan’s first 1,500-tonne VLSFO bunkering operation

byCT Report
08/06/2026

KARACHI: Karachi Port Trust (KPT) has facilitated Pakistan's first-ever delivery of 1,500 metric tonnes of IMO-compliant Very Low Sulphur Fuel...

Maritime affairs minister steps up efforts to free Pakistani seamen held by Somali pirates

byCT Report
08/06/2026

KARACHI: Islamabad has intensified diplomatic efforts to secure the release of Pakistani crew members being held hostage by pirates aboard...

Peshawar Customs to auction over 60 vehicles on June 10, 2026

byCT Report
08/06/2026

PESHAWAR: The Collectorate of Customs (Enforcement), Peshawar, has announced a public auction of more than 60 seized and confiscated vehicles,...

Next Post

Finance Act 2020: FBR allows taxpayers to complete profile through online till December 31

  • 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.