KARACHI: An appellate bench of High Court of Sindh (SHC) comprising Justice Munib Akhtar and Justice Muhammad Humayon Khan on Tuesday while hearing an appeal filed by 4B Enterprises ordered release of consignment on payment of differential amount of duties and taxes between declared value and value purported to be applied.
The bench earlier heard counsel for petitioner who said that instead of valuing the consignment on declared value or valuation ruling, the concerned officers are applying PRAL data for 90 days.
Ilyas Ahsan, Principal Appraiser Law representing Pakistan Customs conceded that customs is not applying the VR but assessing the consignment on PRAL data for 90 days. He assured that court that custom was and will be complying court orders as per law and rules.
The petitioner pointed out to the court that application for interim relief is pending. The bench was also told that duties and taxes have been paid. The bench after hearing the sides ordered release of the consignment on payment of differential amount between the declared value and value, custom officials purportedly intend to apply.
The bench also order that this order would not prevent the customs from assessing consignment as per custom rules and laws. The bench observed that assessment by custom would be strictly in accordance with the law and rules and any adverse action may be taken after proper hearing.