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 directs customs officials not to take action against M/s International Industries Limited

byM.B. Rana
20/10/2020
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) restrained customs officials from taking any coercive action against importer M/s International Industries Limited who approached court against show cause notice issued by Collectorate of Customs PMBQ for recovery of duties and taxes payable on zinc wastages produced by it during the manufacturing process.

On 19 October 2020, a two-member bench heard the matter. During the hearing, Husain Ali Almani advocate appeared on behalf of the petitioner and argued that MCC PMBQ has issued show cause notice which was alleged that petitioner is liable to pay an amount of Rs12,482,037 on account of duties and taxes payable on zinc wastages produced by it during manufacturing process in the years 2012 to 2015.

You might also like

Pakistan must capitalize on emerging opportunities

11/05/2026

OICCI proposes tax relief for salaried class in Budget 2026-27

11/05/2026

He further argued that respondent issued two other show cause notices and demanded amount of Rs82,890,350 and Rs305, 848,138 respectively, however, on August 31, 2020 Collector of Customs Adjudication-II order-in-origin in three manual cases, whereby, it held that petitioner is liable to pay the aforesaid amount along-with a total penalty of Rs. 1,500,000 in respect of each show cause notice.

He stated that on Oct 07, 2020 petitioner received a demand notice from customs officials and directed the petitioner to pay the demand within a period of 7 days, however, petitioner immediately filed three separate appeals before appellate forum along with stay applications which are pending for order.

Citing  chairman FBR, Collector of Customs Adjudication-II, MCC of Export PMBQ, Additional Collector of Customs-I, Customs Appellate Tribunal as respondents, petitioner pleaded the court to restrain them from taking any coercive action against the petitioner till final order in these appeals.

After the hearing, the court issued notices to the respondents and as well as assistant/ deputy registrar of customs appellate tribunal for the next date of hearing.

Related Stories

Pakistan must capitalize on emerging opportunities

byCT Report
11/05/2026

LAHORE: Pakistan must capitalize on the emerging opportunities by formulating comprehensive economic and trade policies aimed at boosting investment, regional...

OICCI proposes tax relief for salaried class in Budget 2026-27

byCT Report
11/05/2026

ISLAMABAD: Overseas Investors Chamber of Commerce and Industry (OICCI) has proposed a significant increase in the taxable salary income threshold...

Punjab, China open International Agri Exhibition & Conference 2026 in Lahore

byCT Report
11/05/2026

LAHORE: Punjab Minister for Industry and Commerce Chaudhry Shafay Hussain and Chinese Consul General Sun Yan inaugurated the 19th International...

Roshan Digital Account attracts $12.7b inflows: SBP

byCT Report
11/05/2026

KARACHI: Overseas Pakistanis continue to show strong confidence in the country’s economy as a total of $12.74 billion has been...

Next Post

High port charges in Pakistan discouraging trade with Afghanistan, NA body told

  • 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.