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 orders release of consignment at new value, rate of duty

byCT Report
20/05/2017
in Karachi
Share on FacebookShare on Twitter

KARACHI: Sindh High Court (SHC) comprising Justice Munib Akhtar and Justice Arshad Hussain Khan ordered release on payment of enhanced duty after counsel for petitioner agreed to pay the new rate of duty, taxes and Regulatory Duty (RD) imposed on non alloy too.

The consignment was stuck up at port after the appellant and authorities of Pakistan Customs disputed the nature of imported consignment. The bench perused the report by Steel Committee consisted on its orders. However advocate Aqeel Ahmed appearing for the appellant submitted that dispute over nature of consignment becomes meaningless as government has recently imposed Regulatory Duty at a rate of 17 percent and now the Petitioner has to pay at a rate of 22 per cent. The petitioner is ready to pay at the new rate, he-submitted.

You might also like

Honda Atlas challenges over Rs17b in tax disputes with FBR

10/06/2026

Pakistan remittances surge 20.2pc to $4.3b in May 2026

10/06/2026

Interesting situation developed as Principal Appraiser Law, Pakistan Customs, Ilyas Ahsan opposed the plea and said duty taxes at a rate of 20 per cent are acceptable to the department and not at 22 per cent. The court however ruled over and  ordered release of the consignment after payment a a rate of 22 per cent.

Related Stories

Honda Atlas challenges over Rs17b in tax disputes with FBR

byCT Report
10/06/2026

KARACHI: Honda Atlas Cars (Pakistan) Limited has disclosed tax-related contingencies exceeding Rs17 billion in its Annual Report 2026, highlighting multiple...

Pakistan remittances surge 20.2pc to $4.3b in May 2026

byCT Report
10/06/2026

ISLAMABAD: Pakistan received workers’ remittances worth $4.3 billion in May 2026, showing strong growth in inflows, according to official data....

FBR establishes PRAL’s front desk at LTO Karachi

byCT Report
10/06/2026

KARACHI: Federal Board of Revenue (FBR) has established and operationalized a PRAL’s Front Desk at the Large Taxpayers Office (LTO),...

Pakistan-Iran trade halt at Gabd-Rimdan threatens LPG supplies, perishable exports

byCT Report
09/06/2026

GWADAR: Cross-border trade between Pakistan and Iran through the Gabd-Rimdan crossing has stopped, leaving hundreds of LPG vehicles stranded and...

Next Post

Customs court orders IOs to report on frozen properties of PO in 32 cases

  • 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.