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Home / Author Archives: M.B. Rana (page 3)

Author Archives: M.B. Rana

Mis-declaration scam: Customs court approves progress report against M/s Cosmos Trading & others

KARACHI: The Customs Court approved interim charge sheet against proprietors/ owners/ partners of M/s Zubair Steel, owners/ directors/ partners of M/s Raja Shakeel Traders, owners/ directors/ partners of Royal Steel, owners/ directors/ partners of M/s Cosmos Trading Development, officers/ officials of Customs Appraisement West, Export Processing Zone Authority (KEPZA) and others. On 21 April 2021, investigation officer appeared before the ... Read More »

SHC seeks comments from customs department on petition filed by M/s D & D Logistics

KARACHI: A two-member bench of The Sindh High Court (SHC) directed customs officials to submit their comprehensive reply on a constitutional petition filed by M/s D & D Logistics Private Limited seeking release order for 50,000-liter diesel along with Hino Oil Tanker which was detained four year ago. On 19 April 2021, during the hearing, counsel for the petitioner stated ... Read More »

M/s Hussain Formaids moves SHC against detention of its imported consignments

KARACHI: M/s Hussain Formaids has approached the Sindh High Court (SHC) and filed a constitutional petition against detention of its imported consignment of secondary quality steel products and enhancement of valuation under the garb of valuation ruling 1213/2017. On 20 April  2021, counsel for the petitioner stated that during the course of its normal business, the petitioner has imported secondary ... Read More »

Re-assessment u/s 80(3) of Act 1969 not allowed after release of consignment: SHC

KARACHI: A two-member bench of The Sindh High Court (SHC), headed by Justice Muhammad Junaid Ghaffar set aside impugned order and allowed a constitutional petition filed by M/s Harris Silicones & Glass (Pvt) Ltd against officials of the Collector of Customs Appraisement East and others. On 19 April 2021, SHC released a detailed verdict and observed that “through this Petition, ... Read More »

Re-assessment u/s 80(3) of Act 1969 not allowed after release of consignment: SHC

KARACHI: A two-member bench of The Sindh High Court (SHC), headed by Justice Muhammad Junaid Ghaffar set aside impugned order and allowed a constitutional petition filed by M/s Harris Silicones & Glass (Pvt) Ltd against officials of the Collector of Customs Appraisement East and others. On 19 April 2021, SHC released a detailed verdict and observed that “through this Petition, ... Read More »

Customs Court approves bail to owner of M/s MAJ Corporation in Rs9.324m tax fraud case

KARACHI: The Customs Court granted bail to suspect namely Mohsin Ali Jalbani, owner of M/s MAJ Corporation, who was nominated in first information report (FIR) for commission of tax fraud by falsifying sales tax invoices amounting to Rs9.324 million. On 18 April 2021, counsel for the applicant/ accused person argued that his client is innocent and has been falsely implicated ... Read More »

SHC allows more 112 petitions filed by importers including M/s Quality Steel Re-Rolling & others

KARACHI: A two-member bench of the Sindh High Court (SHC), comprising Justice Muhammad Junaid Ghaffar and Justice Agha Faisal allowed more than 112 constitutional petitions filed by M/s Quality Steel Re-Rolling and others more than 100 importers and directed Nazir of the court to return the surety/ bank guarantee submitted by the importers. On 17 April 2021, court released written ... Read More »

M/s Firpo Private Limited moves SHC against enhancement of valuation of imported bulbs

KARACHI: M/s Firpo Private Limited has approached the Sindh High Court (SHC) and filed a constitutional petition against enhancement of valuation of imported consignment of bulbs seized by the customs officials due to disputed valuation. On 17 April 2021, counsel for the petitioner stated that petitioner is seriously aggrieved by the unlawful arbitrary and mala fide acts of the customs ... Read More »

M/s Kodacon Electric Home Appliances moves SHC challenging VR 1178/2017

KARACHI: M/s Kodacon Electric Home Appliances Private limited has approached the Sindh high court (SHC) and filed a constitutional petition against show cause notice and enhancement of valuation of imported consignment of parts for split air conditioner under the garb of valuation ruling no 1178/2017. On 16 April2021, counsel for the petitioner stated that petitioner has imported a consignment comprising ... Read More »

SHC rejects 7 SCRAs filed by collector of customs against M/s Great Eastern Trading Co & others

KARACHI: The Sindh High Court (SHC) has dismissed seven special customs reference applications filed by Collector of Customs challenging impugned order released by customs appellate tribunal in favor of M/s Great Eastern Trading Co, M/s Yasir Enterprises, M/s Kamran Lubricants (Pvt) Ltd and others. On 16 April 2021, a two-member bench, comprising Justice Muhammad Junaid Ghaffar and Justice Agha Faisal ... Read More »

Tax evasion: Customs court grants bail to Muhammad Zubair Gheewala & others

KARACHI: The Customs Court granted bail to suspects namely Muhammad Zubair Gheewala son of Muhammad Ismail and Muhammad Roz Khan son of Dost Muhammad son of Noroz Khan against the surety of Rs100,000 each who were arrested in a case of mega tax evasion case. On 13 April 2021, Zain Jatoi Advocate, a senior counsel appeared behalf of the above ... Read More »

SHC dismisses reference applications filed by Appraisement East & Customs PMBQ against M/s New World Impex & others

KARACHI: A two-member bench, headed by Justice Muhammad Junaid Ghaffar has dismissed special customs reference applications filed by Collector of Customs Appraisement East and Collector of Customs Port Muhammad Bin Qasim against M/s Hi-Tech Impex, M/s New World Impex, M/s Faisal International, M/s Ali Enterprises, M/s Sana Enterprises, Ashfaq Ahmed & others. Through these reference applications, the applicant has impugned ... Read More »

SHC dismisses 14 SCRAs filed by Collector of Customs against M/s Victory Pipe Industries & others

KARACHI: A two-member bench, comprising Justice Muhammad Junaid Ghaffar and Justice Agha Faisal has dismissed 14 special customs reference applications filed by the Collector of Customs against M/s Victory Pipe Industries (Pvt) Ltd and others challenging impugned order passed by customs appellate tribunal. On 12 April 2021, court released detailed judgment and observed that “through these reference applications, the applicant ... Read More »

SHC restores case against M/s Paramount Enterprises on disputed duty & taxes on consignment of coconut acid oil

KARACHI: The Sindh High Court (SHC) has set aside impugned order passed by customs appellant tribunal and restored order of the customs department on a special customs reference application filed by Collector of Customs against M/s Paramount Enterprises on disputed duty and taxes on consignment of Coconut Acid Oil. Through this reference application the applicant has impugned order dated 04.05.2012, ... Read More »

SHC dismisses reference application filed by CIR against M/s Dawood Islamic Bank Limited (Burj Bank)

KARACHI: The Sindh High Court (SHC) dismissed a reference application filed by the Commissioner Inland Revenue through Kashif Nazeer against M/s Dawood Islamic Bank Limited (Burj Bank). On 13 April 2021, a two-member bench, comprising Justice Muhammad Junaid Ghaffar and Mr Justice Agha Faisal heard the case. After the hearing, court passed a detailed order and observed that “through this ... Read More »

Customs Court approves bail to owner of M/s Arsalan Company in mis-declaration case

KARACHI: The Customs Court granted bail to suspect namely M/s Arsalan Akram son of Akram Rasheed owner of M/s Arsalan Company against the surety of Rs300,000, who was nominated in first information report (FIR) for mis-declaration and concealment of actual description, specifications and constituent material to deceive application of correct assessable value. On 12 April 2021, counsel for the above ... Read More »

Customs Court approves bail to owner of M/s Friends Enterprises in sales tax scam

KARACHI: The Customs Court granted bail to suspect namely Muhammad Jawaid of Friends Enterprises against the surety of Rs. 300,000 and directed him to appear before the court for next date of hearing, suspect was nominated in first information report (FIR) for fake/ bogus input and refund of sales tax amounting to Rs681,275 and Rs962,030. On 10 April 2021, during ... Read More »

Mis-declaration: Customs court seeks progress report against M/s Zubair Steel, M/s Raja Shakeel Traders and others

KARACHI: The Customs Court directed investigation officer of directorate general of Intelligence & Investigation Customs to complete investigation and submit progress report against proprietors/ owners/ partners of M/s Zubair Steel, owners/ directors/ partners of M/s Raja Shakeel Traders, owners/ directors/ partners of M/s Royal Steel, owners/ directors/ partners of M/s Cosmos Trading Development, officers/ officials of MCC Appraisement West, MCC ... Read More »

SHC allows 31 reference applications filed by importers against judgment of Customs Appellate Tribunal

KARACHI: A two-member bench of the Sindh High Court (SHC) has allowed reference applications and setting aside the impugned orders passed by Customs Appellate Tribunal filed by M/s United Refrigeration Industries Ltd, M/s Yasir Chemicals, Karachi, M/s Kaghan Chemicals Co, M/s Adil Polumers, M/s Shouibee Industries & Others, M/s Atee & Company, United Refrigeration Industries Ltd, M/s Waves Singer Pakistan ... Read More »

SHC seeks reply on petition filed by M/s Specialty Chemicals Industries Private Limited against detention of consignment

KARACHI: The Sindh High Court (SHC) has sought para wise comments on a constitutional petition filed by M/s Specialty Chemical Industries Private Limited against enhancement of valuation of imported consignments of rubber from US$ 270 to US$ 380 per metric ton. On 9 April 2021, a two-member bench, headed by Muhammad Junaid Ghaffar heard the matter, during the hearing, court ... Read More »