KARACHI: A division bench of the Sindh High Court (SHC) issued notices to the customs officials and directed them to file their para wise comments on a constitutional petition filed by M/s Ayaan Enterprises challenging and for staying the operation of the impugned valuation ruling no 1456/2020.
On 7 December 2020, during the hearing, counsel for the petitioner stated that petitioner is one of the leading importer/ stockists, engaged in the business of importing, marketing and supplying toiletries products of different origins.
He further submitted that the petitioner has been importing various toiletries from various origins in commercial quantities at very competitive prices which were being cleared by the customs officials in the light of valuation ruling no 1392/ 2019, director of customs valuation issued a VR no 1456/2020 in supersession of earlier valuation ruling no 1392/ 2019, in the new VR, the director valuation enhanced the values of the toiletries without following the statutory provisions of law and taking on board the major stakeholders/ commercial importers.
Citing chairman FBR, chairman customs appellate tribunal, DG valuation and others as respondents, petitioner pleaded the court may declare that the impugned valuation ruling no 1456/2020 as illegal and void being contrary to laid down, by setting aside and other no 34/2020.
He further pleaded the court to stay the operation of the impugned valuation ruling till the final disposal of the petitioner’s appeal pending before this court and held up/ fresh consignment arriving may please be ordered to be released as per practice prevailing immediately before the issuance of impugned VR and grant any other relief deemed just and appropriate and appropriate in the circumstances of the case.
