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 Tahir Steel Impex challenges VR 1213/2017 in SHC

byM.B. Rana
21/11/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) has issued notices to the customs authorities and deputy attorney on a constitutional petition filed by M/s Tahir Steel Impex against Valuation Ruling 1213/2017 dated 27/09/2017 enhancing the valuation without considering the point of view and suggestions of the stakeholders.

While the hearing of petition, a two-member bench, comprising Justice Munib Akhtar and Justice Omer Sial, also directed them to file their respective para wise comments on the next date of hearing.

You might also like

Gold price jumps Rs5,700 per tola

22/08/2026

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

22/08/2026

Earlier, counsel for the petitioner stated that it is engaged in the lawful business of import and export and fulfills all the legal requirement according with law, however, director of customs valuation issued above mentioned valuation ruling without due consideration of the merits, DATA and documents furnished by importers, further the customs authorities ignored the tangible mechanism as confined in the meeting for determination of value of secondary quality of goods duly signed by the stake holders.

He submitted that enhance above noted Valuation Ruling 1213/2017 issued is unfair and without consideration of stake holders view point and suggestions.

Citing Secretary Revenue Division, Collector of Customs Appraisement West, Director General Valuation, Customs House Karachi and Director Customs Valuation as respondents, petitioner pleaded the court may declare that act of the respondents is illegal, mala fide and arbitrary.

He also pleaded the court may restrain them from taking any coercive action against the petitioner and release the consignments imported by the petitioner subject to the deposit of pay order/ bank guarantee of differential amount.

Related Stories

Gold price jumps Rs5,700 per tola

byCT Report
22/08/2026

KARACHI: Gold prices surged in both international and domestic markets, with the price of gold rising by $57 per ounce...

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

byCT Report
22/08/2026

ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal for virtual asset service providers. The move completes...

KP approves Digital Payment Act to promote cashless economy

byCT Report
22/08/2026

PESHAWAR: The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Promotion of Digital Payment Act 2026, aiming to promote digital...

Aurangzeb, SRF delegation, discuss investment opportunities, economic cooperation

byCT Report
22/08/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a meeting with a high-level delegation of the Silk...

Next Post

Customs Court seeks charge sheet against suspects involved in foreign currency 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.