KARACHI: The Special Customs Appellate Tribunal has set aside an Order-in-Revision and Valuation Ruling in respect of telephone sets and PABX system.
The bench, comprising Member Judicial Muhammad Nadeem Qureshi and Member Technical Muhammad Nazim Saleem was hearing a case filed by A.K. Traders who maintained that as per VR the custom duty was to be levied between $4 and $6 whereas the respondents levied duty at a rate of $2 to $16 which is on higher side. The counsel also contended that new VR 1172 of 2017 was issued in violation of section 25 (a) without following the prescribed procedure hence liable to be set aside.
