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 Wali & Co

byM.B. Rana
03/10/2018
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) directed parties to make sure to file their comments on a petition filed by M/s Wali & Co challenging the legality of the customs value of garlic and ginger being charged on basis of ninety days old Valuation Ruling No 1299.

On October 02, 2018, a two-member bench, headed by Justice Aqeel Ahmed Abbasi, heard the matter. During the hearing, counsel for the customs department sought time to file comments; therefore, court granted time and directed them to file comments on next date of hearing.

You might also like

SAARC chief urges turning South Asia’s challenges into opportunities

24/04/2026

DG Valuation revises import values for PVC, PU coated vide VR No.2068/2026

24/04/2026

Counsel for the petitioner stated in his constitutional petition that petitioner is a proprietorship concern engaged in the import of garlic of China origin, by the way of background, the DG Valuation issued valuation ruling on determination of customs value of said goods adopting a deductive value method.

He argued that customs officials purportedly conducted market inquiries using DVM for determining the customs value of garlic and ginger and the customs value of fresh garlic of China origin is determined at $1.07 per kilogram.

He said that petitioner approached the customs officials for revision of the valuation ruling on the ground, inter alia, of disparity in new crop price in China garlic market and customs value determined in the valuation ruling, the new crop price in China garlic market is between $400 to $500 per metric ton and there is disparity of $500 metric ton.

He said that customs officials have not decided the petition for revision of valuation ruling yet, instead of filing all supporting documents with the customs authorities in respect of such consignments, again, this request has not been attended to, therefore, petitioner will suffer irreparable loss and injury, if the respondents are not directed to provisionally release the goods of the petitioner.

Citing Secretary Revenue Division, chairman Federal Board of Revenue, director Directorate General of Valuation, Chief Collector Customs Appraisement East and respondents, he pleaded the court to declare that the transactional value of the fresh ginger imported by the petitioner from China are relevant for the purpose of determining the duties and taxes payable by the petitioner on its imports.

Related Stories

SAARC chief urges turning South Asia’s challenges into opportunities

byCT Report
24/04/2026

ISLAMABAD: President of the SAARC Chamber of Commerce and Industry, Chandi Raj Dhakal, has emphasized that South Asia’s economic and...

DG Valuation revises import values for PVC, PU coated vide VR No.2068/2026

byCT Report
24/04/2026

KARACHI: The Directorate General of Customs Valuation has revised customs values for imports of PVC, PU and other coated fabrics...

PM clears NBP’s long-awaited Rs35 per share dividend

byCT Report
24/04/2026

ISLAMABADI: National Bank of Pakistan has received approval for its long-delayed dividend payout after Prime Minister Shehbaz Sharif cleared the...

SBP eases import financing rules for oil & LNG amid geopolitical crisis

byCT Report
24/04/2026

KARACHI: The State Bank of Pakistan (SBP) has revised key foreign exchange instructions to facilitate the import of crude oil,...

Next Post

Multan Customs collects Rs2657.917m during month of September

  • 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.