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 suspends impugned circular till decision on petition filed by Mahnoor Food Industries

byM.B. Rana
09/03/2022
in Breaking News, Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Sindh High Court (SHC) disposed of petition with directions that both the sides to resolve their dispute as per the mechanism provided under section 24 through arbitration by appointing an arbitrator and till any findings are given by the arbitrator, whose decision as evident under sub-section (2) of section 24 is binding on the parties, operation of the impugned circular to remain suspended on a constitutional petition filed by Mahnoor Food Industries Private Limited.

On 7 March 2022, a two-member bench released verdict and observed that learned counsel has challenged circular dated Nov 13, 2020 issued by respondent alleging that the same has been issued without jurisdiction consequently having no legal effect and the ratio of 80; 20, which the said circular proposes to be calculated on the “customs assessed value” instead of “production value”

You might also like

Pakistan plans to import 26 LNG cargoes for winter

03/10/2026

Islamabad Customs seizes Rs5.41b narcotics consignment near M-2

03/10/2026

Court observed that as factual controversy is involved, which con not be adjudged through this petition, where this court has observed that the impugned circular does not even mention under which rule or section of law it has been issued, and having observed that a mechanism of dispute resolution is provided for under section 24 of the EPZA Ordinance 1980 by way of arbitration.

We disposed of petition with directions that both the sides to resolve their dispute as per the mechanism provided under section 24 through arbitration by appointing an arbitrator and till any findings are given by the arbitrator, whose decision as evident under sub-section (2) of section 24 is binding on the parties, operation of the impugned circular to remain suspended.

Zain A Jatoi, Muhammad Mustafa and Syed Haris Hassan advocates appeared behalf of the petitioner, Kafeel Ahmed Abbasi Deputy Attorney General appeared behalf of the federation and Chairman FBR, Khalid Hayat Khan and Pervaiz Ahmed Memon advocates appeared on behalf of customs officials.

Related Stories

Pakistan plans to import 26 LNG cargoes for winter

byCT Report
03/10/2026

KARACHI: The government plans to procure 25 to 26 LNG cargoes from November to February to meet increased gas demand...

Islamabad Customs seizes Rs5.41b narcotics consignment near M-2

byCT Report
03/10/2026

ISLAMABAD: Collectorate of Customs Enforcement has seized narcotics and other items worth approximately Rs5.41 billion during an intelligence-based operation near...

Atif Ikram calls for joint strategy to expand share of Asia-Pacific in global textile trade

byCT Report
03/10/2026

KARACHI: President Federation of Pakistan Chambers of Commerce & Industry (FPCCI) Atif Ikram Sheikh called for a joint Asia-Pacific strategy...

KPRA collects Rs13.123bn from Sales Tax on Services & IDC in first quarter of FY 2026-27

byCT Report
03/10/2026

PESHAWAR: Advisor to KP CM on Finance Muzzammil Aslam has said that the Khyber Pakhtunkhwa Revenue Authority (KPRA) recorded a...

Next Post

SHC issues notices to M/s Tahir Food Products & others in betel nuts smuggling case

  • 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.