KARACHI: M/s Zam Zam Enterprises moved the Sindh High Court (SHC) against detention of its consignments of desiccated coconut due to disputed valuation.
On March 06, 2019, counsel for the petitioner stated in his constitutional petition that petitioner has imported a consignment comprising desiccated coconut on declared value of US$ 1.14, assessed value of US$ 2.00 and filed goods declaration according with law.
He further submitted that petitioner requested to Collector of Customs Appraisement West to accept the declared value under section 25(1) of the customs act, 1969, however, said respondent has denied to accept the same and proposed to assess the duty and taxes on the basis of impugned valuation ruling no 1012/2016 which was already challenged by the petitioner before director directorate general of customs valuation.
He argued that petitioner approached the said respondents requesting them to allow provisional release of the consignment which was denied.
Counsel argued that petitioner is seriously aggrieved and highly prejudiced by the actions of the respondents and denial of the above mentioned goods on the basis of valuation ruling 1012/2016 issued by director valuation despite the fact that the impugned valuation ruling is not sustainable in the eyes of the law as its validity has been challenged by the petitioner.
Citing secretary chairman Federal Board of Revenue, Collector of Customs Appraisement West, the Chief Collector of Customs South, Director Valuation and others as respondents, petitioner pleaded the court to declare that act of the respondents is illegal, mala fide and arbitrary.
He also pleaded the court may direct them to release his consignment on bank guarantee and restrain them from taking any coercive action against the petitioner till final order in this petition
