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 Crete Sol moves SHC against Valuation Ruling No: 874/2016

byM.B. Rana
31/07/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) issued notices to the Tax Department and Deputy Attorney General on a constitutional petition filed by M/s Crete Sol (Pvt) Ltd against the determination of customs values of “ceramic & porcelain tiles” over and above 12.5% of the Valuation Ruling No: 874/2016 by the Director General of Valuation.

A two-member bench, headed by Justice Munib Akhtar, was hearing the petition.

You might also like

RCCI urges establishment of German Trade Desk to boost bilateral trade

20/08/2026

PRA Chairman, travel agents delegation discuss taxation issues

20/08/2026

Earlier, counsel for the petitioner stated that it is engaged in the import and trade of goods of “Ceramic & Porcelain Tiles”. He was informed by the Customs Department that Director General, Directorate General of Customs Valuation, Customs House Karachi, revision proceedings under section 25 D wherein the DG, has no jurisdiction of customs values of subject good over and above 12.5% of the valuation ruling no 874/2016 dated 22/06/2016.

Citing to Chairman, Federal Board of Revenue, Collector of Customs Model Customs Collectorate West, Collector of Customs Model Customs Collectorate East, Collector of Customs Model Customs Collectorate Port Muhammad Bin Qasim and Director General, Directorate General of Customs Valuation, Customs House Karachi as respondents, petitioner pleaded with the court to kindly declare that act of the respondents illegal, mala fide and arbitrary. They also pleaded with the court to restrain the Customs Department from collection of enhanced valuation till the final decision of its petition and from any coercive measures against the petitioner.

 

Related Stories

RCCI urges establishment of German Trade Desk to boost bilateral trade

byCT Report
20/08/2026

RAWALPINDI: The Rawalpindi Chamber of Commerce and Industry (RCCI) has called for establishing a dedicated German Trade Desk in Pakistan...

PRA Chairman, travel agents delegation discuss taxation issues

byCT Report
20/08/2026

LAHORE: Punjab Revenue Authority (PRA) Chairman Moazzam Iqbal Sipra held a meeting with representatives of Travel Agents Association of Pakistan...

PSMA member urges govt to allow surplus sugar exports to India

byCT Report
20/08/2026

KARACHI: A senior member of the Pakistan Sugar Mills Association (PSMA) has urged the government to allow exports of up...

Karachi Port awards dredging contract to NDMS to accommodate deeper-draft vessels

byCT Report
20/08/2026

KARACHI: Karachi Port Trust (KPT) has awarded a dredging contract to National Dredging & Marine Services (NDMS) to deepen the...

Next Post

IG KP suspends SP CTD, DSP for being involved in NDP vehicles’ smuggling

  • 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.