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

SHC bars Customs from en-cashing securities deposited by LED lights importer

byCT Report
28/03/2018
in Karachi
Share on FacebookShare on Twitter

KARACHI: Sindh High Court has barred Pakistan Customs from en-cashing the securities deposited by Velgo International which imported LED lights.

A SHC division bench, comprising Justice Munib Akhtar and Justice Ashraf Jahan, heard a lawyer from Franklin Law Associates appeared for the petitioner, and put of further proceedings till April 16.

You might also like

SBP designates Domestic Systemically Important Banks for year 2026

22/08/2026

New Customs scanning facilities to reduce cargo backlogs: Chief Collector: Wajid Ali

21/08/2026

According to details, the consignment was provisionally released under section 81 by the Collectorate West. The collectorate later re-assessed the consignment on We-bock system and raised a demand of Rs2.5 million in case of each consignment.

The petitioner’s lawyer submitted that matter pertaining to re-assessment of goods released under section 81 is already sub-judice before SHC besides the re-assessment was conducted after six months of initial assessment rendering the proceedings by Custom officials illegal. The department may be en-cashing the security, the counsel said requesting the court to restrain the Pakistan Custom from encashment.

The same bench also stopped customs from taking action against a petitioner Hawk Traders Impex while issuing notices to the respondents for April 16.

The petitioner imported hot pots, vacuum cleaners, other home appliances. The customs officials suddenly without issuing show cause notice no re-assessment could be done.

Related Stories

SBP designates Domestic Systemically Important Banks for year 2026

byCT Report
22/08/2026

KARACHI: The State Bank of Pakistan (SBP) announced the designation of D-SIBs for the year 2026 in accordance with Framework...

New Customs scanning facilities to reduce cargo backlogs: Chief Collector: Wajid Ali

byCT Report
21/08/2026

KARACHI: Chief Collector Customs Appraisement Wajid Ali has assured the business community that newly installed scanning facilities will be used...

Pakistan’s total liquid foreign reserves cross $22.5b

byCT Report
21/08/2026

KARACHI: The total liquid foreign reserves of Pakistan rose to $22,506.1 million as reserves held by the State Bank of...

Karachi Port awards dredging contract to NDMS to accommodate deeper-draft vessels

byCT Report
20/08/2026

KARACHI: Karachi Port Trust (KPT) has awarded a dredging contract to National Dredging & Marine Services (NDMS) to deepen the...

Next Post

Exporters demand early payment of refund claims worth Rs250b

  • 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.