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 to release consignments imported by M/s RTS Engineering Works, M/s Karol Pipe Industry

byM.B. Rana
18/06/2020
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: A division bench of the Sindh High Court (SHC) directed concerned officials of customs department to release consignments of importers M/s Karol Pipe Industry and M/s RTS Engineering Works.

On 18 June, 2020 a two-member bench heard the matter.

You might also like

Rs3bn risk pool to expand export credit insurance access for SMEs: PM Shehbaz

05/09/2026

Pakistan again rejects high-priced LNG cargo

05/09/2026

During the hearing, counsel for the petitioners stated in his petition that petitioners are regular importers of various secondary quality steel products and for same purpose are registered with tax authorities and during the course of their import contracts LC for imports of various consignments of secondary quality steel coils/ steels at the price/ rates mentioned in respective sale contracts and letters of credits, whereas, on arrival of respective goods, petitioners filed goods declaration and requested the customs authorities to clear their imported goods.

He further submitted that however, customs officials are bent upon to assess the customs value of subject consignments as per valuation ruling, bearing registration no 1213/2017 under section 25A ibid, which has been set-aside being declared as without lawful authority by the appropriate appellate authority, in a number of appeals there-against vide an earlier judgment dated July 18, 2018 and subsequent through a consolidated judgment dated Oct 20, 2018 and that the same judgments hold the filed till date as no suspension order has been attained by the respondents collectoarate till date.

Citing chairman FBR, the collector of Customs Appraisement East, West and Port Muhammad Bin Qasim as respondents, petitioners pleaded the court may declare that act of the respondents to assess the import consignments of the petitioners 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 direct them to release its imported consignments immediately and restrain them from taking any coercive action against the petitioners till final judgment in this petition.

Related Stories

Rs3bn risk pool to expand export credit insurance access for SMEs: PM Shehbaz

byCT Report
05/09/2026

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday said that a Rs3 billion risk pool, specifically for small and medium-sized enterprises...

Pakistan again rejects high-priced LNG cargo

byCT Report
05/09/2026

ISLAMABAD: Pakistan has once again rejected a spot LNG bid from BP Singapore as rising international LNG prices, freight costs,...

PPPs, privatization critical to Pakistan’s future economic growth: Muhammad Ali

byCT Report
05/09/2026

ISLAMABAD: Adviser to the Prime Minister on Privatization and Chairman, Privatization Commission Muhammad Ali has said that the public-private partnerships...

Greece seeks stronger trade ties with Pakistan, highlights demand for skilled workers

byCT Report
05/09/2026

LAHORE: Greek Ambassador Eleni Pouriki has highlighted growing opportunities for Pakistani skilled workers in Greece as the two countries look...

Next Post

Gold price increases Rs700 to Rs99,300 per tola

  • 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.