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 Breaking News

SHC bars customs officials from encashment of securities on petitions filed by M/s Radium Silk Factory & others

byM.B. Rana
15/10/2021
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) restrained customs officials from encashment of securities furnished by the petitioner at the time of provisional release till conclusion of the appeals pending before the tribunal on constitutional petitions filed by M/s Radium Silk Factory and others.

On 14 October 2021, during the hearing, Owais Ali Shah consul for the petitioner, Muhammad Rashid Afridi consul for customs department, Kafeel Ahmed Abbasi Deputy Attorney General appeared before the court.

You might also like

ICCI leadership appreciates PM’s initiative to build a robust SME ecosystem

09/07/2026

KP asks Centre to defer tax exemption withdrawal in Malakand, merged districts

09/07/2026

After the hearing, the court passed an order that “by consent it is agreed that since the appeals of the petitioners are pending before the appellate tribunal, therefore, securities furnished by the petitioner to the customs department may not be en-cashed till the conclusion of the appeals. These petitions stand disposed of in the above terms along with pending applications”.

Earlier, counsel for the petitioners informed the court that their clients are doing lawful business and during the course of business, petitioners imported several consignments of various fabrics and filed goods declarations according with law, however, without lawful authority customs officials stopped their consignments and enhanced valuation under the garb of valuation ruling no 1449/2021.

Citing Chairman Federal Board of Revenue, Collector of Customs Appraisement East, Collector Customs Appraisement West, director, Directorate General of Customs Valuation as respondents, counsel pleaded the court to declare that act of the respondents is illegal, mala fide and arbitrary.

Petitioners further pleaded the SHC direct them to release their imported consignments according to law and restrain customs officials, their officers, staffs and other related officials from taking any adverse action against the petitioners till final judgments in these constitutional petitions.

Related Stories

ICCI leadership appreciates PM’s initiative to build a robust SME ecosystem

byCT Report
09/07/2026

ISLAMABAD: Acting President of the Islamabad Chamber of Commerce and Industry (ICCI), Tahir Ayub, has warmly welcomed Prime Minister Muhammad...

KP asks Centre to defer tax exemption withdrawal in Malakand, merged districts

byQaisar Mansoor
09/07/2026

PESHAWAR: The Khyber Pakhtunkhwa government has asked the federal government to defer the proposed withdrawal of tax exemptions in Malakand...

Govt issues emergency LNG tender after ‘Qatari shipment aborted’

byCT Report
09/07/2026

ISLAMABAD: The federal government has issued an emergency tender to procure a liquefied natural gas (LNG) cargo for delivery on...

World Bank delegation briefed on PRA reform agenda

byCT Report
09/07/2026

LAHORE: A World Bank (WB) delegation led by Clelia Rontoyanni called on Punjab Revenue Authority (PRA) Chairman Moazzam Iqbal Sipra...

Next Post

SHC seeks reply on petition filed by Mahnoor Food Industries

  • 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.