KARACHI: M/s Berger Paints Pakistan (Private) Limited has moved the Sindh High Court (SHC), challenging impugned valuation ruling no 1146/2017 dated May 3, 2017 enhancing valuation of consignments of raw material for paint phenolic resin, polyurethane resin and melamine resin imported by the petitioner.
In its constitutional petition, the counsel for the petitioner stated that it is engaged in the lawful import of raw material for paint phenolic resin, polyurethane resin and melamine resin and always fulfills all the legal formalities in accordance with law. However, the petitioner is seriously aggrieved by the actions of the respondents assessing the imported consignments of raw material on the bases of impugned valuation ruling no 1146/2017 dated May 03, 2017.
Citing Chairman Federal Board of Revenue, Collector of Customs Collectorate South, Collector of Customs Collectorate East and Director General of Valuation as respondents, petitioner pleaded the court to declare the action of the respondents as illegal, mala fide and arbitrary.
He also pleaded the court may direct them to release its consignments immediately and restrain them from taking any coercive action against the petitioner.
Office of the court approved petition for hearing and fixed it before a bench, headed by Justice Munib Akhtar.