KARACHI: M/s Muhammad Din & Sons has approached the Sindh High Court (SHC) and filed petition against detention of imported consignment comprising synthetic rubber NBR & SBR 1502 from South Korea on transaction total invoice value USD 0.875/kg seized by customs officials due to disputed valuation ruling.
On 1 July 2020, counsel for the petitioner submitted that petitioner has imported a consignment comprising synthetic rubber NBR & SBR 1502 from South Korea and filed goods declaration according with law along with its packing list on transaction and total invoice value USD 0.875/kg which were shipped and also future consignments.
He informed the court that on arrival of the goods at Karachi Port, the petitioner approached the concerned customs officials to accept the declared value, however, the appropriate officer has not agreed with the declare transactional value and arbitrarily assessed the values on the basis of valuation ruling no 1091/2017 dated March 18, 2017 which under the law does not exist and has become very older more than 90 days.
Citing chairman Federal Board of Revenue, the collector of Customs Appraisement East/West and Port Muhammad Bin Qasim and Director Directorate of Customs Valuation as respondents, petitioner pleaded the court to declare that denial of declared transaction value under section 25(1) of the customs act, 1969 is arbitrary and illegal to the customs act, 1969.
He further pleaded the court to direct the respondents to issued delay and detention certificate for waiver of wharfage demurrage and detention charges and restrain them from taking any coercive action against the petitioner till final order in this petition.
