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 calls comments on petition filed by M/s Smart Steel Industry

byM.B. Rana
13/07/2020
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) directed customs department and deputy attorney general to file their comments on a petition filed by M/s Smart Steel Ind. (Pvt) Ltd seeking release order for imported consignment of secondary quality cold-rolled steel coils seized by customs officials due to disputed valuation.

On 10 July 2020  a two-member bench headed by Justice Khadim Hussain heard the matter.

You might also like

FBR to suspend online tax services for scheduled maintenance from Aug 8

24/07/2026

SMEDA showcases MSME support services at Expo Faisalabad 2026

24/07/2026

During the hearing, counsel for the petitioner stated that petitioner imported of secondary quality cold-rolled steel coils at the prices/ rates mentioned in respective letter of credit, whereas, on arrival of respective goods under the detailed LCs, the petitioner is required to file goods declaration with respondents for the purpose of customs clearance on actual/ declared transaction value under the mandate of section 25(1) of customs act, 1969.

He submitted that however, officials of customs department are bent upon to assess the customs value of subject consignments as per valuation ruling bearing no 1213/2017 under section 25A ibid, which has been set-aside being declared as without lawful authority by the appropriate appellate authority.

Citing chairman FBR, collector of Customs Appraisement East, collector of Customs Appraisement West as respondents, petitioner pleaded the court to declare that act of the respondents to assess the import consignments of the petitioner under an illegal, non-existent and set-aside valuation ruling by appropriate authority is illegal, unlawful, unwarranted and without lawful authority.

He further pleaded the court to declare that the denial to assess the import consignments under section 25(1) of the customs act, 1969 is absence of any valuation ruling  under section 25A ibid is unlawful, illegal and without lawful authority.

 

Related Stories

FBR to suspend online tax services for scheduled maintenance from Aug 8

byCT Report
24/07/2026

ISLAMABAD: The Federal Board of Revenue (FBR) on Friday announced that its key online tax services will remain temporarily unavailable...

SMEDA showcases MSME support services at Expo Faisalabad 2026

byCT Report
24/07/2026

FAISALABAD: Building on the success of its flagship “Made in Pakistan - SME Cluster Showcase Expo 2026” and its facilitation...

Protecting, educating children to make Pakistan stronger: FPCCI

byCT Report
24/07/2026

LAHORE: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President Atif Ikram Sheikh has said that protecting, educating, and...

FTO urges taxpayers to report delayed tax refunds

byCT Report
24/07/2026

ISLAMABAD: The Federal Tax Ombudsman (FTO) has advised taxpayers to file complaints if their legitimate tax refund claims remain pending...

Next Post

FBR transfers 206 PCS officers/officials with immediate effect

  • 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.