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M/s Evershine Business challenges Valuation Ruling No 1092/2017

M/s Evershine Business challenges Valuation Ruling No 1092/2017

KARACHI: The Sindh High Court (SHC) issued notices to the customs department and deputy attorney general on a petition filed by M/s Evershine Business challenging Valuation Ruling No 1092/2017 dated 18/03/2017, enhancement of valuation of imported goods comprising natural raw material/rubber crepe/natural raw rubber smoked sheets.

While the hearing of petition, a two-member bench, headed by Justice Aqeel Ahmed Abbasi, also directed them to file their respective para wise comments on next date of hearing.

On October 25, 2018, during the hearing, counsel for the petitioner argued that petitioner is engaged in the import of above mentioned goods and is seriously aggrieved and highly prejudiced by the actions of the respondents, whereby the respondents are assessing the imported consignment of the above mentioned goods duty and taxes on the basis of the Valuation Ruling 1092/2017 issued by DG Valuation, despite the fact that the impugned valuation ruling is not sustainable under the law.

Counsel argued that valuation ruling has been challenged before the concerned authority which is still pending for disposal; therefore, he wants to release his consignment accordance with law.

Citing Secretary Revenue and Statistics/ Chairman FBR, Chief Collector of Customs South, Collector of Customs Appraisement West, DG Valuation and others as respondents, he pleaded the court to declare that act of the respondents as illegal, mala fide and arbitrary.

The importer also pleaded the court to restrain the respondents/their officers from carrying out assessment of the consignments of the above mentioned goods imported by the petitioner on the basis of the valuation ruling and direct them to issue delay detention certificate.