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 Dollar Industries moves SHC against valuation enhancement of stationary items

byM.B. Rana
30/07/2018
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: M/s Dollar Industries Private Limited approached the Sindh High Court (SHC) seeking release of its consignments of stationary items including black lead pencils and colour pencils being imported by the petitioner on the basis of Valuation Ruling No 1182/2017.

On July 28, 2018, counsel for the petitioner stated in its constitutional petition that petitioner is seriously aggrieved and highly prejudiced by the actions of the customs department, whereby, customs officials are carrying out final assessment of the consignments of stationary items including black lead pencils and colour pencils being imported by the petitioner on the basis of the Valuation Ruling No 1128/2017 and are demanding duties and taxes on the basis thereof, while requests of provisional release of such consignments are not being entertained.

You might also like

FBR sets new ghee, cooking oil values through November

21/09/2026

Qaiser Baig congratulates newly elected SCCI office-bearers

21/09/2026

Counsel argued that such actions of the respondents are impermissible under the law, especially in light of the fact that the Valuation Ruling No 1128/2017 as well as the Order-in-Revision No 416 of 2017 issued and passed by the customs officials have been challenged by the petitioner before the Customs Appellate Tribunal under section 194 A of the Customs Act, 1969 and the said appeal has been heard and reserved by the tribunal.

Citing Secretary Revenue Division, DG Valuation, Director Valuation, Customs Appraisement East and West as respondents, he pleaded the court to declare that while the vires, legality etc, of the valuation ruling issued under section 25A of the customs act, 1969 and is pending before any forum having competent authority, consignments of goods covered by such a valuation ruling/instrument shall be released on a provisional basis under Section 81 of the Customs Act, 1969 and the securities/bank guarantees provided for provisionally released consignments shall not be enchased. He also pleaded the court may direct them to release its consignments immediately.

Related Stories

FBR sets new ghee, cooking oil values through November

byCT Report
21/09/2026

ISLAMABAD: Pakistan's Federal Board of Revenue (FBR) has set new minimum values for locally produced ghee and cooking oil, ranging...

Qaiser Baig congratulates newly elected SCCI office-bearers

byCT Report
21/09/2026

SIALKOT: Chairman Sialkot Chamber of Commerce and Industry (SCCI) Departmental Committee on Fair and Exhibition Qaiser Baig has congratulated the...

FBR makes physical inspection mandatory before customs auctions, introduces bidder appeals

byCT Report
21/09/2026

LAHORE: The Federal Board of Revenue (FBR) has amended the Customs Rules, 2001, making physical inspection of goods mandatory before...

Pakistan secures safe passage for another Qatari LNG cargo through Strait of Hormuz

byCT Report
21/09/2026

KARACHI: Pakistan has negotiated with Iran to secure safe passage through the Strait of Hormuz for another LNG shipment from...

Next Post

FBR motivates investors, property dealers to avail benefits of Tax Amnesty Scheme

  • 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.