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M/s Marvellous Business Solution moves SHC seeking exemption in duty & taxes on LED bulbs

M/s Marvellous Business Solution moves SHC seeking exemption in duty & taxes on LED bulbs

KARACHI: M/s Marvellous Business Solution (Private) Limited has moved the Sindh High Court (SHC), seeking exemption in duty and taxes on consignments of LED bulbs etc as entitled under 5th Schedule of the Customs Act, 1969.

According to the details, counsel for the petitioner stated that the petitioner is engaged in the lawful business of import of LED bulbs etc and always fulfills all the liabilities.

He said that the petitioner imported consignment of LED bulbs 12 watts, 15 watts, 18 watts, 25 watts, 40 watts and other related goods and filed goods declaration under availing exemption as entitled under 5th Schedule of the Customs Act, 1969. However, officials of the Customs Collectorate Appraisement West did not accept the assessment made by the petitioner on the pretext that the petitioner’s goods are not entitled for relevant exemption as per assessment.

Citing chairman Federal Board of Revenue, Collector of Customs Collectorte Appraisement West, the Engineering Development Board, Alternate Energy Department Board as respondents, petitioner pleaded the court to declare the act of the respondents as illegal, mala fide and arbitrary.

He also pleaded the court may declare that above mentioned goods are entitled under 5th Schedule of the Customs Act, 1969.