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M/s KATYS moves SHC against Valuation Ruling No 1103/2017

M/s KATYS moves SHC against Valuation Ruling No 1103/2017

KARACHI: The Sindh High Court (SHC) has issued notices to the tax department and deputy attorney general on a constitutional petition filed by M/s KATYS against assessment of its consignments of copper filter dryers (a component of refrigerators) vide Valuation Ruling number 1103/2017 dated 21/03/2017.

While the hearing of the petition, a two-member bench, comprising Justice Munib Akhtar and Justice Yousaf Ali Saeed, was hearing the petition.

During the hearing, counsel for the petitioner stated that petitioner is engaged in the business of import and supply of various types of copper filter dryers imported from Italy.

According to the petitioner, it is seriously aggrieved and prejudiced by the actions of the respondents whereby the officials of the customs department at port or en-route of copper filter dryers and demanding duties and taxes as the basis of valuation ruling no 1103/ 2017 dated 21/03/2017 without lawful authority.

Citing Secretary Revenue Division, DG Directorate General of Customs Valuation, , Collector of Customs Appraisement East, Collector of Customs Appraisement and Collector Port Muhammad Bin Qasim as respondents, petitioner pleaded the court may declare act of the respondents is illegal, mala fide and arbitrary and restrain them from taking any action against it.