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 directs to release consignment of M/s Otsuka Pakistan Limited on bank guarantee

byM.B. Rana
01/06/2019
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) directed customs department to release the consignment of M/s Otsuka Pakistan Limited on bank surety on a petition filed by M/s Otsuka Pakistan Limited seeking provisional release of its consignment comprising aminoleban oral flavour commercial pack imported from Thailand.

On May 31, 2019, a two-member bench, headed by Justice Aqeel Ahmed Abbasi was hearing the matter. After the hearing, court also issued pre-admission notices to customs officials and deputy attorney general directing them to file their para-wise comments on next date of hearing.

You might also like

Ambassador Tirmizi calls for stronger Pakistan-Russia trade & investment ties

21/10/2026

Pakistan Customs revises carbon steel seamless pipe import valuations using London Metal Exchange prices

21/10/2026

During the hearing, counsel for the petitioner stated that the petitioner is aggrieved by the un-fettered, arbitrary exercise of authority by the respondents in purported exercise of power under Section 18 (3) of the Customs Act, 1969 to impose/enhance regulatory duty through SRO 1265(1)/2018 dated 16/10/2018 without any circumstance justifying the enhancement of the regulatory duty by the respondents.

Citing chairman Federal Board of Revenue, secretary Revenue Division, Collector of Customs Collectorate of Appraisement East,  Collector of Customs Collectorate Appraisement West and others as respondents, he pleaded the court to declare that act of the respondents as illegal, mala fide and arbitrary.

He also pleaded the court to suspend the imposition/enhancement of the regulatory duty and direct the respondents to release the consignment on payment of regulatory duty according to customs tariff and/or on the payment of the one half of the regulatory duty imposed on the consignments and for another one half the petitioner will submit bank guarantee/ pay orders to the satisfaction of the nazir of this court.

Related Stories

Ambassador Tirmizi calls for stronger Pakistan-Russia trade & investment ties

byCT Report
21/10/2026

ISLAMABAD: Pakistan and Russia should move beyond untapped trade opportunities and forge strong, result-oriented business partnerships to unlock their immense...

Pakistan Customs revises carbon steel seamless pipe import valuations using London Metal Exchange prices

byCT Report
21/10/2026

LAHORE: Pakistan Customs has revised the valuation mechanism for imported carbon steel seamless pipes, linking customs assessments to London Metal...

Punjab unveils Rs300b financing programme for businesses

byCT Report
21/10/2026

LAHORE: Punjab Minister for Industries and Commerce Chaudhry Shafay Hussain has announced a Rs300 billion programme this year, under which...

FBR revises customs values for imported coconut oil vide VR No.2116/2026

byCT Report
21/10/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has issued revised customs values for imported coconut oil to determine customs duties...

Next Post

Deputy Collector Moazzam Raza issues show cause notice to five sepoys

  • 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.