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 North West Petroleum moves SHC seeking exemption of SRO 678(1)/2004

byM.B. Rana
30/06/2021
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: M/s North West Petroleum Private Limited has approached the Sindh High Court (SHC) and filed a constitutional petition seeking provisional release of imported consignment of carbon steel pipes and also seeking exemption of SRO 678(1)/2004.

On 29 June 2021, counsel for the petitioner stated that petitioner’s company is authorized under rule 35(2) of oil (refining, blending, transportation, storage and marketing) rules 2016 as oil marketing company and during the course of business, petitioner imported carbon steel pipes and filed goods declaration (GD) and sought clearance of consignment with the benefit of SRO 687(1)/2004.

You might also like

IMF forecasts slower growth, higher inflation for Pakistan

09/05/2026

Govt raises petroleum levy; taxes hike petrol, diesel prices

09/05/2026

He argued that goods declaration was processed without granting the exemption of SRO 678(1)/2004, petitioner under the disputed circumstances and to overcome the situation and to fulfill the requirement of the submission of justification petitioner extended the undertaking through letter dated March 31, 2021 and ready to submit pay order as guarantee against the differential amount assessed by the department.

Citing secretary Ministry of Energy, Petroleum Division, Secretary Revenue Division, Chairman FBR, Secretary of Ministry of Defence, Collector of Customs Appraisement East, Deputy Collector of Customs East WeBOC Group-V as respondents, petitioner pleaded the court to direct them to finalize the provisional assessment into final assessment within stipulated period of time, after recording such exceptional circumstances, or clarifications required thereupon.

He further pleaded the court to restrain them from taking away coercive action against the petitioner or not to encash the amount secured against pay order/ bank guarantee, till then the required clarification has not been finalized in accordance with due process of law.

Counsel further pleaded the court to any other, appropriate relief to which this court feel deem fit, may please be awarded to the petitioner in the interest of justice and equity.

Related Stories

IMF forecasts slower growth, higher inflation for Pakistan

byCT Report
09/05/2026

ISLAMABAD: The International Monetary Fund has projected slower economic growth and higher inflation for Pakistan, highlighting the need for continued...

Govt raises petroleum levy; taxes hike petrol, diesel prices

byCT Report
09/05/2026

ISLAMABAD: The government has increased the levy on petroleum products, adding to the cost burden on consumers and making petrol...

Experts urge expansion of Third Schedule in sales tax regime

byCT Report
09/05/2026

ISLAMABAD: Tax experts, economists, and business leaders called for major reforms in Pakistan’s sales tax regime in the upcoming federal...

FPCCI felicitates nation, Pak Army on one year of Marka-e-Haq

byCT Report
09/05/2026

LAHORE: The Federation of Pakistan Chambers of Commerce and Indsutry (FPCCI) and United Business Group (UBG) Saturday felicitated the entire...

Next Post

Customs Court approves progress report against M/s ZR Corporation in tax evasion scam

  • 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.