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 Breaking News

SHC seeks comments on petition filed by Kanwal Enterprises for de-blocking of its NTN

byM.B. Rana
09/03/2021
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: A two-member bench of the Sindh High Court (SHC) directed customs officials to file their respective para wise comments on a constitutional petition filed by M/s Kanwal Enterprises for de-blocking of its NTN suspended by customs officials.

On 7 March 2021, during the hearing, counsel for the petitioner stated that petitioner imported a consignment declaring assorted fabrics and claimed the benefit of SRO 1125(I)2011 for released of their consignment @ zero rating of sales tax, on physical examination and assessed of the goods and lab report revealed that the goods were not match with their declaration and assessed on the basis pf prevailing valuation ruling with allowing 9% sales tax in terms of SRO 1125(i)2011 instead of claimed exemptions @ zero rating of sales tax.

You might also like

Rs3bn risk pool to expand export credit insurance access for SMEs: PM Shehbaz

05/09/2026

Pakistan again rejects high-priced LNG cargo

05/09/2026

He further argued that the importer does not agreed with assessment of the goods and filed a constitutional petition before this court with plea that the imported goods are unfinished and benefit of SRO 1125(I)2011 @ zero rating of sales tax applied, and court directed customs officials for consideration of the request of the appellants and the Collectorate provisionally assessed the goods declaration in compliance this court.

Counsel submitted that customs officials issued a show cause notice to the petitioner and blocked the NTN of the petitioner without justification and unlawful.

Citing chairman FBR, collector of Customs Appraisement West as respondents, petitioner pleaded the court to direct them to immediately renewal the business license & release the allegedly direct blocked, hold, suspend the business license of the petitioner, de-block/ re-store the petitioner user ID Password, & NTN & release the bank accounts of the petitioner, which declarations according with law.

He further pleaded the court may direct them to not take any adverse action against the petitioner till final order in this petition.

Related Stories

Rs3bn risk pool to expand export credit insurance access for SMEs: PM Shehbaz

byCT Report
05/09/2026

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday said that a Rs3 billion risk pool, specifically for small and medium-sized enterprises...

Pakistan again rejects high-priced LNG cargo

byCT Report
05/09/2026

ISLAMABAD: Pakistan has once again rejected a spot LNG bid from BP Singapore as rising international LNG prices, freight costs,...

PPPs, privatization critical to Pakistan’s future economic growth: Muhammad Ali

byCT Report
05/09/2026

ISLAMABAD: Adviser to the Prime Minister on Privatization and Chairman, Privatization Commission Muhammad Ali has said that the public-private partnerships...

Greece seeks stronger trade ties with Pakistan, highlights demand for skilled workers

byCT Report
05/09/2026

LAHORE: Greek Ambassador Eleni Pouriki has highlighted growing opportunities for Pakistani skilled workers in Greece as the two countries look...

Next Post
Symbol of law and justice in the empty courtroom, law and justice concept.

Fake & flying invoices: Customs Court approves charge sheet against M/s Friends Enterprises

  • 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.