KARACHI: The Sindh High Court (SHC) issued notices to the Tax Department and deputy attorney general and restrained the tax authorities from forced recovery till next date of hearing on a constitutional petition filed by M/s Junaid Corporation, M/s J.R.B Traders, M/s Harris Traders, M/s Home Style and eight other companies against the enhancement of valuation of porcelain tiles over and above 12.5% of the valuation ruling No: 874/2016 dated 22/06/2016.
Hearing the petition, a two-member bench, headed by Justice Munib Akhtar, also directed them to file their respective para-wise comments on the next date of hearing. The court also adjourned the matter for May 29, 2017.
Earlier, counsel for the petitioner stated that they are importers of ceramic & porcelain tiles and always fulfilled all the liabilities regularly. He added that Director General Valuation issued a valuation ruling, determination and enhanced customs valuation of subject goods over and above 12.5% of the valuation ruling No: 874/2016 dated 22/06/2016 without lawful authorities and without fulfilling legal requirement as per law.
Citing to Chairman Federal Board of Revenue (FBR), Collector of Customs Model Customs Collectorate West, Collector of Customs Model Customs Collectorate Port Muhammad Bin Qasim, Collector of Customs Model Customs Collectorate East and DG Directorate General of Customs Valuation as respondents, they pleaded with the court to kindly set aside the impugned valuation ruling.
