KARACHI: The Sindh High Court (SHC) has ordered conditional release of a consignment of furnishing items, besides directing importer Rafiq Commercial and Co. to deposit the differential amount of duty and taxes with Nazir of the court.
The counsel for the petitioner submitted that his client had imported a consignment containing curtain blinds, accessories and curtain borders, tassel and catalogs. The consignment is lying on the port.
He said that the imported goods are liable to be assessed at their transactional value in terms of Section 25(I) and 25-A of the Customs Act 1969 and the rules framed under the Act but they were assessed arbitrarily at a very high value on the basis of a so-called Valuation Ruling No.765/2015.
The assessment of the goods is illegal and in complete disregard of the Act, he said while requesting the court to direct the customs authorities to determine the value of the goods as per rules. The court was further requested to order provisional release of the consignment as the importer was ready to deposit differential amount of duty and taxes with the Nazir till the petition is decided.
