KARACHI: The Sindh High Court (SHC) has issued noticed to tax authorities and deputy attorney general on a constitutional petition filed by M/s Capital Trading Corporation against the valuation of “swing machine needles” orange brand Korean origin at the rate of $44.00/ kg instead of $ 1.64.00/ kilograms.
During the hearing of the petition, a two-member bench, comprising Justice Munib Akhar and Justice Anwar Hussain, also directed the respondents to submit their respective para wise comments on the next date of hearing.
Earlier, the counsel for the petitioner stated that petitioner is engaged in the business of import of orange brand industrial sewing machine from UAE and Korean Republic and imported a consignment of “industrial sewing machine needle” orange brand from UAE Korean origin.
According to the petitioner, it filed goods declaration dated August 19, 2016 which was declared according with law at the unit of $0.64.00/ kg whereas the same was arbitrary, unlawfully enhanced and assessed in a whimsical manner at the unit value of $ 44.00/ kg by the Collector of Customs Appraisement East.
He added that the petitioner approached the appellate tribunal and filed appeal against said assessment, however, petitioner is being threatened by the respondents for coercive measures, he argued that according to the law said assessment by the respondents illegally, unlawfully and mala fide.
Citing secretary Revenue Division, Collector Customs Appraisement East and the Collector of Customs (Appeals) as respondents, petitioner pleaded the court may set aside impugned assessment and declare that the same assessment unlawful, arbitrary, unjust and mala fide.
He also pleaded the SHC may restrain the respondents from any coercive action against the petitioner and court may direct the respondent to stop proceedings against the petitioner until the final order of the appellate tribunal.
