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 calls comments on petition filed by M/s Rauf & Sons against enhancement of valuation

byM.B. Rana
17/12/2019
in Karachi, Latest News
Share on FacebookShare on Twitter

You might also like

Pakistan faces challenges to expand public services as Oxfam warns of rising inequality in Asia

10/10/2026

FBR moves to prevent misuse of duty-free chemical imports under Export Facilitation Scheme

10/10/2026

KARACHI: The Sindh High Court (SHC) directed customs officials to make sure to file their para wise comments on a constitutional petition filed by M/s Rauf & Sons, M/s Islam and Sons and Vohra Chemical Co against enhancement of valuation of synthetic rubber NBR 6240 under the garb of valuation ruling no 1091/2017.
On 16 December 2019, a two-member bench, headed by Justice Aqeel Ahmed Abbasi was hearing the matter.
During the hearing, counsel for the petitioner stated that petitioners have imported consignments comprising of synthetic rubber NBR 6240 on unit value of US$1.74 per kg and on arrival of the impugned goods filed goods declarations under section 79 of the customs act, 1969.
He further submitted that petitioners also have requested the appropriate concerned officers to accept the declared value under section 25(1) of the customs act, 1969 and finalize the assessment accordingly, however, customs officials without confronting the declared transaction value has denied to accept the same and proposed to assess the duty and taxes on the basis of impugned valuation ruling no 1091/2017 @ $2.00 to $2.75 per kg.
Citing chairman FBR, collector of Customs Appraisement East and Director General of Valuation as respondents, petitioner pleaded the court to declare that denial of allowing provisional release of the impugned consignments tantamount to disregarding/ disobeying the order of this court and direct them to allow provisional release in the present and future consignments shipped or to be shipped subject to final decision of the revision petition by DG Valuation.
Importers further pleaded the court may restrain them from any coercive action against the petitioner in respect of the past and closed consignments.

Related Stories

Pakistan faces challenges to expand public services as Oxfam warns of rising inequality in Asia

byCT Report
10/10/2026

ISLAMABAD: Pakistan faces growing challenges in ensuring access to healthcare, education, and social protection as governments across Asia continue to...

FBR moves to prevent misuse of duty-free chemical imports under Export Facilitation Scheme

byCT Report
10/10/2026

KARACHI: The Federal Board of Revenue (FBR) has initiated consultations to strengthen monitoring of dyes and chemicals imported under the...

FPCCI demands electricity tariff below 9 cents to boost exports & industry

byCT Report
10/10/2026

ISLAMABAD: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has urged the government to reduce industrial electricity tariffs...

SBP receives $10.9b in workers’ remittances during Q1 FY27

byCT Report
10/10/2026

KARACHI: The State Bank of Pakistan (SBP) received $10.9 billion in workers’ remittances during the first quarter of fiscal year...

Next Post

Customs Preventive transfers 30 inspectors to Multan & Faisalabad airport

  • 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.