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Valuation Order-in-Revision challenged: Appellate Tribunal admits appeal

byCT Report
13/07/2017
in Karachi
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KARACHI: Special Customs Appellate Tribunal has admitted an appeal filed by Mini Tech Corporation challenging an Order-in-Revision passed by the Director General of Valuation, maintaining a Valuation Ruling.

The appellant imported networking cable and networking cable, fibre optic from China. The Customs Valuation enhanced the value of networking cable from $2 to $2.5 while of networking cable, fibre optic from $2 to $3.8 under Valuation Ruling 1187/2016. The appellant/importer challenged the same on ground that section 25 was not followed while determining and issuing VR in question. The departmental appellate authority maintained the VR in Order-in-Revision which was now assailed before the appellate tribunal.

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Ghulamullah Shaikh of Franklin Law Associates is representing the appellant which will be heard by two member bench of the tribunal at Karachi.

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