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
Valuations Rulings - Pakistan Customs Today News Paper

M/s The Barki Tyre approaches SHC challenging Valuation Ruling 1319/2018

byM.B. Rana
30/04/2021
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: M/s The Barki Tyre has approached the Sindh High Court (SHC) and filed a constitutional petition against enhancement of valuation of imported 1040 sets thickening brand of tyres with tube and flap of size 8.25R16LT 16 PRTT 128/ 124 L under the garb of Valuation ruling no 1319/2018.

On 29 April 2021, counsel for the petitioner stated that in the normal course of business he imported 1040 sets thickening brand of tyres with tube and flap of size 8.25R16LT 16 PRTT 128/ 124 L, from China and filed goods declaration at declare value of US$ 64480.

You might also like

Punjab revises property valuation rates to attract UAE & Gulf investors

05/05/2026

PTBA urges FBR to halt default surcharge on Super Tax amid legal concerns

05/05/2026

He submitted that customs officials assessed the under subject goods on the basis of customs valuation ruling no 1319/2018, whereas, under subject item PCT Heading as not exists on the aforesaid valuation ruling 1319, due to this ambiguity concerned group official/ officers made contravention against the importer/ petitioner.

He added that the adjudicating officer issued show cause notice reply to the same submitted by the petitioner and explain facts and law points for the reasoning of error but the adjudicating officer passed two order-in-original against the petitioner.

Citing secretary Revenue Division, chairman FBR, Deputy Collector of Customs Appraisement East as respondents, petitioner pleaded the court to restrain them not to make demand for disputed amount of fine and penalties till to the final decision of the case.

Counsel further pleaded the court that court may declare that act of the respondents is illegal, mala fide and unlawful authority and set aside demand notice under valuation ruling 1319/2018.

Tags: Sindh High CourtThe Barki TyreValuation Ruling

Related Stories

Punjab revises property valuation rates to attract UAE & Gulf investors

byCT Report
05/05/2026

LAHORE: The Punjab government has started revising property valuation rates across multiple districts in an effort to attract foreign investment,...

PTBA urges FBR to halt default surcharge on Super Tax amid legal concerns

byCT Report
05/05/2026

LAHORE: The Pakistan Tax Bar Association (PTBA) has urged the Federal Board of Revenue (FBR) to immediately instruct its field...

FTO dismisses Rs70m tax evasion complaint

byCT Report
05/05/2026

LAHORE: The Federal Tax Ombudsman (FTO) has dismissed a complaint involving alleged tax evasion of over Rs70 million, reiterating that...

FBR waives penalties on Rs8.77b tax liability of PIA

byCT Report
05/05/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has announced a waiver of penalties and default surcharge on tax liabilities amounting...

Next Post

KCCI, KMC pledge to work closely for tree plantation

  • 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.