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 Wallmaster moves SHC for restraining order for security amounts

byM.B. Rana
31/10/2018
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) issued notices to the customs officials and deputy attorney general on petition filed by M/s Wallmaster through its proprietor Junaid Kapadia seeking restraining order for encashment of security amounts.

During the hearing of petition, on October 30, 2018, a two-member bench, headed by Justice Aqeel Ahmed Abbasi also directed them to file their para wise comments on next date of hearing.

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

Counsel for the petitioner stated that petitioner imported two consignments of wallpapers from China and filed Goods Declaration (GD) with Customs Appraisement West and paid leviable duty and taxes as per the transaction value; however, officials of the customs department did not agree and decided to check the correctness of the customs value for assessment.

He argued that it was not possible for the customs officials, during checking of the GDs to satisfy themselves of the correctness of the assessment of the goods made by the petitioner under section 79 ibid as the same was required enquiry of verification of correctness of the transaction value.

Counsel further said that officials of the customs department failed to determine the amount of duty and taxes or charges correctly payable on the goods cleared on the basis of provisional determination within period of six months, more over extension of time was neither requested nor granted as provided under section 81(2)ibid.

Citing Secretary Revenue Division, Chief Collector of Customs Appraisement South, Deputy Collector of Customs Appraisement-III as respondents, importer pleaded the court to pass an order for direction to respondents as to refund/ return the security pay orders and without hindrance or delay.

He also pleaded the court may restrain them from encashment of time barred the past and closed security instruments.

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

FBR Chairman Jehanzeb calls for aligning ways to broaden tax net through data integration

  • 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.