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 Ayab Bearing Store moves SHC for release of ball bearings consignment

byM.B. Rana
28/09/2018
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) issued notices to customs authorities and deputy attorney general, directing them to make sure filing of their para-wise comments on a petition filed by M/s Ayab Bearing Store Private Limited seeking release of its consignment of ball bearings.

A two-member bench, headed by Justice Aqeel Ahmed Abbasi, was hearing the matter.

You might also like

KP releases Rs80.7 billion for ongoing development projects

16/07/2026

Punjab Judges eligible to purchase govt cars for just Rs3.5lac under New Scheme

16/07/2026

During the hearing, counsel for the petitioner stated that importer is engaged in the lawful business of import of ball bearings and always fulfills all the legal formalities.

Counsel argued that petitioner imported ball bearings 24,990 kilogram from China and filed Goods Declarations (GDs) as per Valuation Ruling 1188/2017 dated 29/06/2017 of $1.99/kg. However, a show-cause notice was issued to the petitioner by customs officials due to disputed valuation and customs officials re-assessed the value at the rate of $2.90/kg instead of $1.99/kg as actual valuation.

He submitted that importer approached the appellate tribunal which vacated the show-cause notice and directed customs officials to release his consignment; however, when he approached the customs authorities for release order, they denied to following appellate tribunal’s order.

Citing secretary Revenue Division, chairman Federal Board of Revenue, Collector of Customs Collectorate Appraisement East and others as respondents, he pleaded the court to declare that act of the respondents as illegal, mala fide and arbitrary.

Importer also pleaded the Sindh High Court to direct the customs officials to release his consignment and restrain them from taking any coercive action against the petitioner till final order in this petition.

Related Stories

KP releases Rs80.7 billion for ongoing development projects

byCT Report
16/07/2026

PESHAWAR: The Khyber Pakhtunkhwa government has released Rs80.7 billion for ongoing development projects under the Annual Development Programme (ADP) 2026–27,...

Punjab Judges eligible to purchase govt cars for just Rs3.5lac under New Scheme

byCT Report
16/07/2026

LAHORE: Thousands of judicial officers across Punjab are set to get unexpected benefit after Lahore High Court approved scheme allowing...

Pakistan Advances Digital Payments with Co-Badged Debit Card

byCT Report
16/07/2026

KARACHI: State Bank of Pakistan (SBP) Governor Jameel Ahmad has welcomed the introduction of the HBL, UnionPay International and PayPak...

RCCI calls for stronger industry-academia collaboration to drive a knowledge-based

byCT Report
16/07/2026

RAWALPINDI: President Rawalpindi Chamber of Commerce and Industry (RCCI), Usman Shaukat, participated in a high-level interactive session at New York...

Next Post

KPT starts probe into crane fire incident at port area

  • 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.