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 moved against high value assessment of toilet soaps

byM.B. Rana
06/08/2016
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) has issued notices to tax authorities on a constitutional petition filed by M/s Ashraf Traders, M/s United World Corporation, M/s Fahad Enterprises and M/s Fams Enterprises against fixation of Valuation Ruling No 863/2016 dated June 2, 2016 on consignment of “toilet soaps “.

While hearing the petition, a two-member bench, comprising Justice Muhammad Iqbal Kalhoro and Justice Khadim Hussain M Sheikh also directed the respondents to submit their respective comments on next date of hearing.

You might also like

Karachi Port awards dredging contract to NDMS to accommodate deeper-draft vessels

20/08/2026

Govt generates Rs144b through PSX Sukuk auction

20/08/2026

Earlier, counsel for the petitioners stated that petitioners are engaged in the lawful import of “toilet soaps” from various sources around the world, including Indonesia, Malaysia and UAE.

According to the petitioners, they imported various consignments relating to toilet soaps and filed goods declaration; however, officials assessed enhanced value on the basis of the impugned Valuation Ruling No 863. The counsel argued that respondents have arbitrarily fixed the customs value of toilet soaps vide the said valuation ruling which is contrary to regulation.

Citing Revenue Division secretary, Customs Appraisement-West collector, Customs Valuation director and others as respondents, the petitioners pleaded the SHC may declare the valuation ruling as illegal and of no legal effect. The court may also declare the act of the respondents in withholding the consignments of the petitioners as illegal, malafide, void, unjust, and tainted with ulterior motive and of no legal effect.

Related Stories

Karachi Port awards dredging contract to NDMS to accommodate deeper-draft vessels

byCT Report
20/08/2026

KARACHI: Karachi Port Trust (KPT) has awarded a dredging contract to National Dredging & Marine Services (NDMS) to deepen the...

Govt generates Rs144b through PSX Sukuk auction

byCT Report
20/08/2026

ISLAMABAD: The Ministry of Finance has raised Rs. 144.153 billion through the Government of Pakistan Hybrid Sukuk (GHS) auction conducted...

FBR to automatically track bank transactions above Rs1m

byCT Report
20/08/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has made it mandatory for banks and electronic money institutions to report financial...

FBR issues corrigendum on sales tax under Third Schedule

byCT Report
20/08/2026

ISLAMABAD: The Federal Board of Revenue (FBR) has issued a corrigendum to clarify the levy, assessment and collection of sales...

Next Post

SHC issues notice to tax authorities on petition filed by M/s Mansoor Industry

  • 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.