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 M. Nazeer M. Raheem & Co approaches SHC against SCN for mis-declaration

byM.B. Rana
12/11/2020
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: M/s M. Nazeer M. Raheem & Co and Muhammad Rahim son of Muhammad Pain approached the Sindh High Court (SHC) and filed a constitutional petition against lodging first information report (FIR) and a show cause notice for allegedly mis-declaration of imported iron and steel remeltable scrape.

On 10 November 2020, counsel for the petitioner stated that petitioner for business purpose made an international contract with exporter M/s Ali Metal of Korea for import/ purchase of goods having description iron and steel remeltable scrap classifiable under H.S Code 7204.4990 having quantity 70 MT in price US 200.00 per MT total price of consignment payable to the exporter was US$14,000.00.

You might also like

FBR to launch faceless tax audit system

13/06/2026

FBR bans PDF financial statements for companies

13/06/2026

He further argued that on arrival, petitioners filed goods declaration, goods were checked for physical examination, wherein, it has been alleged that out of declared 70 MT a quantity of 0.300 MT iron & steel remeltable scrap is found as per declaration, whereas, remaining imported goods have been alleged to be secondary quality stainless steel sheet (magnetic/ non-magnetic) in coils and bundles covered under valuation ruling no 1194/2017 rather iron & steel remeltable scrap.

He further submitted that on the basis of arbitrary and illegal contravention case made and after lodging impugned FIR in illegal unconstitutional manner a show cause notice has been subsequently issued for adjudication under section 179 of the act, 1969.

Citing chairman FBR, collector of Customs Appraisement & Facilitation Port Muhammad Bin Qasim and investigation officer as respondents, petitioner pleaded the court to declare that impugned FIR and proceedings emanating there from being without lawful authority, illegal, abuse of the process of law and un-constitutional as per ratio of referred judgments and order of the SHC.

 

 

 

Related Stories

FBR to launch faceless tax audit system

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) is set to introduce a faceless audit and assessment system across all four...

FBR bans PDF financial statements for companies

byCT Report
13/06/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has proposed a major shift toward digital tax administration through the Finance Bill...

SBP unveils first-ever research agenda for 2026-2029

byCT Report
13/06/2026

KARACHI: The State Bank of Pakistan (SBP) has launched its inaugural Research Agenda for 2026-2029, outlining key research priorities aimed...

Pakistan empowers custom courts to freeze assets in illegal fund transfer trials

byCT Report
13/06/2026

ISLAMABAD: The Pakistani government has introduced a major legislative amendment through the Finance Bill, 2026, granting Special Judges the authority...

Next Post

Banking profitability jumped 52pc YoY despite Covid-19 ourtbreak: SBP

  • 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.