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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
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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.

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