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SHC orders release of soap consignments under Customs valuation ruling

SHC orders release of soap consignments under Customs valuation ruling

KARACHI: The Sindh High Court (SHC) has ordered release of consignments of toilet soaps as per Customs Valuation Ruling.

A SHC appellate bench, comprising Justice Munib Akhtar and Justice Zulfiqar Ahmed Khan, was hearing a petition filed by Ashraf Traders challenging the enhanced rate of custom duty determined by the Director Valuation.

The bench, which has earlier issued notices in hundreds of identical petitions and in another dozens ordered release on payment of differential amount between the value declared by the importers and Valuation Ruling, ordered release of the goods on payment of customs duty as per Valuation Ruling. This order could relief the court of burden of hundreds of identical petitions fixed for hearing on Aug 22 but adjourned due to countrywide strike by the lawyers.