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M/s Conveyor System Int’l moves SHC against enhancement of valuation of roller chain

M/s Conveyor System Int’l moves SHC against enhancement of valuation of roller chain

KARACHI: M/s Conveyor System International approached the Sindh High Court (SHC) against enhancement of valuation of roller chain by Collector of Customs Appraisement West.

On November 12, 2018, counsel for the petitioner stated in his petition that petitioner is seriously aggrieved and highly prejudiced by the actions of the respondents, whereby, the above mentioned respondent is assessing the imported consignment of the roller chain on the basis of the Valuation Ruling No 1268/2018, while the impugned valuation ruling was issued by the director of customs valuation working under DG Valuation, despite the fact that the impugned valuation ruling is not sustainable in the eyes of the law and has accordingly been challenged by the petitioner under section 25D of the act.

Citing Chairman Federal Board of Revenue, Chief Collector of Customs South, Collector of Customs Appraisement West and DG Valuation as respondents, importer pleaded the court to declare that the impugned circular dated 22/11/17 is unlawful, confiscatory, arbitrary and ultra-virus the scheme of the Customs Act, 1969, the customs rules, 2001 and fundamental rights of the petitioner enshrined in the Constitution of Pakistan, 1973.