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 Evershine Business challenges Valuation Ruling No 1092/2017

byM.B. Rana
26/10/2018
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) issued notices to the customs department and deputy attorney general on a petition filed by M/s Evershine Business challenging Valuation Ruling No 1092/2017 dated 18/03/2017, enhancement of valuation of imported goods comprising natural raw material/rubber crepe/natural raw rubber smoked sheets.

While the hearing of petition, a two-member bench, headed by Justice Aqeel Ahmed Abbasi, also directed them to file their respective para wise comments on next date of hearing.

You might also like

Sindh CM Murad Ali Shah, China’s Hubei province eye stronger trade, tech ties

15/10/2026

SECP proposes national digital market to secure better prices for farmers

15/10/2026

On October 25, 2018, during the hearing, counsel for the petitioner argued that petitioner is engaged in the import of above mentioned goods and is seriously aggrieved and highly prejudiced by the actions of the respondents, whereby the respondents are assessing the imported consignment of the above mentioned goods duty and taxes on the basis of the Valuation Ruling 1092/2017 issued by DG Valuation, despite the fact that the impugned valuation ruling is not sustainable under the law.

Counsel argued that valuation ruling has been challenged before the concerned authority which is still pending for disposal; therefore, he wants to release his consignment accordance with law.

Citing Secretary Revenue and Statistics/ Chairman FBR, Chief Collector of Customs South, Collector of Customs Appraisement West, DG Valuation and others as respondents, he pleaded the court to declare that act of the respondents as illegal, mala fide and arbitrary.

The importer also pleaded the court to restrain the respondents/their officers from carrying out assessment of the consignments of the above mentioned goods imported by the petitioner on the basis of the valuation ruling and direct them to issue delay detention certificate.

Related Stories

Sindh CM Murad Ali Shah, China’s Hubei province eye stronger trade, tech ties

byCT Report
15/10/2026

WUHAN: Sindh Chief Minister Syed Murad Ali Shah met with senior officials of China’s Hubei province to expand cooperation in...

SECP proposes national digital market to secure better prices for farmers

byCT Report
15/10/2026

ISLAMABAD: The Chairman, Securities and Exchange Commission of Pakistan (SECP) Dr Kabir Ahmed Sidhu has proposed establishing a national agricultural...

Pakistan falls short of Sukuk target despite receiving Rs796b in bids

byCT Report
15/10/2026

KARACHI: The government raised Rs. 294.7 billion through a hybrid Sukuk auction at the Pakistan Stock Exchange (PSX). However, the...

Textile mills seek 50 MW of cheap electricity from Punjab govt

byCT Report
15/10/2026

KARACHI: The All Pakistan Textile Mills Association (APTMA) has expressed interest in purchasing 25 to 50 megawatts (MW) of electricity...

Next Post

Govt, FBR to introduce 'transparent marketing system': Asad Umar  

  • 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.