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 Karachi

M/s Al Shaikh Associates challenges VR No 1268/2018 in SHC

byM.B. Rana
13/04/2018
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) has sought comments from the Customs Department on a constitutional petition filed by M/s Al Shaikh Associates against Valuation Ruling No 1268/2018 issued on March 7, 2018 enhancing 100 percent valuation on import of roller chain.

Counsel for the petitioner stated that the petitioner is roller chain importer in the brand of M/s Al-Shaikh Associates and always fulfills all the liabilities in accordance with law and never involved in any crime.

You might also like

SAARC chief urges turning South Asia’s challenges into opportunities

24/04/2026

DG Valuation revises import values for PVC, PU coated vide VR No.2068/2026

24/04/2026

The counsel argued that the petitioner is seriously aggrieved by the action of the Collector of Customs Collectorate Appraisement East which issued and assessed the imported consignments of the roller chain under valuation ruling no 1268/ issued on March 7, 2018, enhancing 100 percent valuation without fulfilling legal requirements.

Citing Chairmen Federal Board of Revenue, Chief Collector of Customs Collectorate Appraisement South, Collector of Customs Collectorate Appraisement East, Director General Valuation as respondents, petitioner pleaded the court to declare the act of the respondents as illegal, mala fide and arbitrary.

He also pleaded the court to set aside impugned notification and restrain them from taking any coercive action against the petitioner till final order in this petition.

Related Stories

SAARC chief urges turning South Asia’s challenges into opportunities

byCT Report
24/04/2026

ISLAMABAD: President of the SAARC Chamber of Commerce and Industry, Chandi Raj Dhakal, has emphasized that South Asia’s economic and...

DG Valuation revises import values for PVC, PU coated vide VR No.2068/2026

byCT Report
24/04/2026

KARACHI: The Directorate General of Customs Valuation has revised customs values for imports of PVC, PU and other coated fabrics...

PM clears NBP’s long-awaited Rs35 per share dividend

byCT Report
24/04/2026

ISLAMABADI: National Bank of Pakistan has received approval for its long-delayed dividend payout after Prime Minister Shehbaz Sharif cleared the...

SBP eases import financing rules for oil & LNG amid geopolitical crisis

byCT Report
24/04/2026

KARACHI: The State Bank of Pakistan (SBP) has revised key foreign exchange instructions to facilitate the import of crude oil,...

Next Post

Taxpayers from salaried classes excluded from FBR’s audit list

  • 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.