KARACHI: M/s Haniska Enterprises approached the Sindh High Court (SHC) seeking release of imported tooth paste consignment seized by customs department due to disputed valuation applying valuation ruling 848/2016 applying $1.50 as against declared value of US$1.00.
On April 23, 2019, counsel for the petitioner stated in his petition that petitioner is an importer of tooth paste and during the course of his business activities he contacted M/s FMCG, Sharjah Media City Free Zone Authority, Sharjah UAE to export 5718 cartons of assorted tooth paste dated Feb 03, 2019 and after the goods reached terminal the petitioner filed goods declaration with the Customs Appraisement East.
He further argued that after goods declaration, nominated assessing officer instead of completing the assessment on the petitioners declared value opted to pass a assessment order after applying Valuation Ruling 848/2016 at $1.50 as against declared $1.00.
Citing secretary Revenue Division, Deputy Collector of Customs Appraisement East and Assistant Collector of Customs as respondents, petitioner pleaded the court to direct the respondent to process the goods declaration of the petitioner and may order to them to secure differential amount of duty and taxes as security until the final decision of the appeal pending before the customs appellate tribunal Karachi.
