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 Lucky Star Steel moves SHC against wrong valuation of iron, steel products

byM.B. Rana
29/11/2018
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: M/s Lucky Star Steel Industries Private Limited approached the Sindh High Court (SHC) against alleged wrong valuation of iron & steel products as secondary quality instead of prime quality.

On November 28, 2018, counsel for the petitioner stated in his constitutional petition that petitioner is engaged in import of prime quality iron & steel products (including HRC, CRC, GP, pre-painted etc and hereinafter the goods), which are covered/assessed under chapter 72 of Pakistan Customs Tariff under the relevant sub-chapter headings of “others” as opposed to secondary quality iron & steel products, which are specifically and expressly mentioned by their nomenclature i.e “secondary quality.

You might also like

ICCI President urges Prime Minister to revisit early market closure policy

23/04/2026

Pakistani banks see sharp rise in US dollar deposits despite SBP controls

23/04/2026

He argued that during the course of his business, the petitioner imported a consignment of prime quality from China and received import documents in respect; thereof, having arranged for the consideration to be paid against proper banking channel.

Counsel further stated that the petitioner’s prime quality goods whilst lying on the port or either being on their way its representatives have been informed that such consignments are to be assessed as those of “secondary quality” on account of directives as contained in the public notice no 03/2018, whereby the second respondent has issued the so-called “guidelines” for the purported purpose of streamlining and facilitating the determination of secondary quality iron & steel products with effect from 10/11/12018.

Citing Chief Collector Appraisement South, Collector of Customs Appraisement West and East as respondents, importer pleaded the court to declare act of the respondents illegal, mala fide and restrain them from taking any coercive action against them till final order in this case.

Related Stories

ICCI President urges Prime Minister to revisit early market closure policy

byCT Report
23/04/2026

ISLAMABAD: President Islamabad Chamber of Commerce and Industry (ICCI), Sardar Tahir Mehmood, has urged Prime Minister Shehbaz Sharif to rationalize...

Pakistani banks see sharp rise in US dollar deposits despite SBP controls

byCT Report
23/04/2026

KARACHI: Pakistan’s banking sector has recorded a sharp rise in US dollar deposits despite strict controls imposed by the State...

Two IPOs approved for listing at PSX despite regional tensions

byCT Report
23/04/2026

KARACHI: The Securities and Exchange Commission of Pakistan has approved two more Initial Public Offerings for listing at the Pakistan...

KPRA distributes prizes of lucky draw of consumer rewards scheme

byCT Report
23/04/2026

PESHAWAR: Khyber Pakhtunkhwa Revenue Authority (KPRA) held prize distribution ceremony for its first lucky draw of consumer reward scheme to...

Next Post

Customs Preventive seizes huge quantity of smuggled betel nuts

  • 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.