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 Wali Khan Trading approaches SHC against detention of imported consignment

byM.B. Rana
21/03/2020
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: M/s Wali Khan Trading Company approached the Sindh High Court (SHC) and filed a petition against detention of its imported consignment seized by customs officials due to disputed valuation.

On 19 March 2020, counsel for the petitioner stated in his petition that petitioner is seriously aggrieved and highly prejudiced by the actions of the respondents, whereby the respondents are assessing the imported consignment of the white pepper, duty and taxes on the basis of the valuation ruling no 1350/2019 issued by the director of customs valuation, despite the fact that the impugned valuation ruling is not sustainable in the eyes of the law and has accordingly been challenged by the petitioner under section 25-A of the customs act, 1969.

You might also like

Gold price jumps Rs5,700 per tola

22/08/2026

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

22/08/2026

He further submitted that since the revision petition stands pending for final decision, the petitioner has sought provisional release of its consignments until final decision by the respondent, however, the respondents have refused such request on the basis of circular no SI/Misc/13/2014 (Appr)375 dated 22/11/2017 issued by the respondent no 2/ its’ officer, which is impermissible under the law, as a result, the petitioner is coercively and unlawfully being compelled to pay amounts of duties and taxes on the basis of impugned valuation ruling no 1350/2019.

He argued that determination of value in the above ruling is otherwise arbitrary and not in accordance with the actual transaction value in terms of section 25 of the customs act, 1969. It is submitted that the petitioner is unable to take delivery of its lawfully imported goods.

Citing chairman FBR, the Collector of Customs Appraisement West/ East/ PMBQ and Director Directorate General of Customs Valuation as respondents, petitioner pleaded the court to declare that act of the respondents is illegal, mala fide and arbitrary.

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

 

Related Stories

Gold price jumps Rs5,700 per tola

byCT Report
22/08/2026

KARACHI: Gold prices surged in both international and domestic markets, with the price of gold rising by $57 per ounce...

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

byCT Report
22/08/2026

ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal for virtual asset service providers. The move completes...

KP approves Digital Payment Act to promote cashless economy

byCT Report
22/08/2026

PESHAWAR: The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Promotion of Digital Payment Act 2026, aiming to promote digital...

Aurangzeb, SRF delegation, discuss investment opportunities, economic cooperation

byCT Report
22/08/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a meeting with a high-level delegation of the Silk...

Next Post

SHC seeks comments on petition filed by M/s S.U Enterprises

  • 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.