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 seeks reply on petition filed by M/s Asco Int’l Ltd filed for release of generators & lathe machines

byM.B. Rana
15/10/2018
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) issued notices to the customs department and deputy attorney general and directing them to file their respective para wise comments on a petition filed by M/s Asco International Private Limited seeking release of its imported two used gas generators and two lathe machines from Germany on bank guarantee.

On October 12, 2018, a two-member bench, headed by Justice Aqeel Ahmed Abbasi, heard the matter.

You might also like

IMF forecasts slower growth, higher inflation for Pakistan

09/05/2026

Govt raises petroleum levy; taxes hike petrol, diesel prices

09/05/2026

During the hearing, counsel for the petitioner stated in his constitutional petition that he imported the lot of two used gas generators and two lathe machines with all standard parts and accessories from Germany and filed Goods Declaration (GD) the transaction value at euro 21,862 which was paid according with law.

He submitted that goods were selected for scrutiny and show-cause notice was issued to the petitioner by customs officials who alleged that the importer attempted to conceal the actual contents of the consignment and also mis-declared the classification as well as attempted to clear the banned goods.

He argued that importer submitted reply to the show-cause notice and rebutted all the three charges separately and being aggrieved moved appellate tribunal which is lying vacant; therefore, petitioner is left with no other options but to move the SHC for the release of his consignment.

Citing Secretary Finance, Collector Appraisement East, Collector Customs Adjudication-II as respondents, he pleaded the court to direct respondents to allow the clearance of the consignment importer by the petitioner on submission of bank guarantee/pay order to this court and restrain them from taking any coercive action against the petitioner till final order in this petition.

Related Stories

IMF forecasts slower growth, higher inflation for Pakistan

byCT Report
09/05/2026

ISLAMABAD: The International Monetary Fund has projected slower economic growth and higher inflation for Pakistan, highlighting the need for continued...

Govt raises petroleum levy; taxes hike petrol, diesel prices

byCT Report
09/05/2026

ISLAMABAD: The government has increased the levy on petroleum products, adding to the cost burden on consumers and making petrol...

Experts urge expansion of Third Schedule in sales tax regime

byCT Report
09/05/2026

ISLAMABAD: Tax experts, economists, and business leaders called for major reforms in Pakistan’s sales tax regime in the upcoming federal...

FPCCI felicitates nation, Pak Army on one year of Marka-e-Haq

byCT Report
09/05/2026

LAHORE: The Federation of Pakistan Chambers of Commerce and Indsutry (FPCCI) and United Business Group (UBG) Saturday felicitated the entire...

Next Post

Multan Customs relocates 11 employees to different positions

  • 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.