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MESSRS GENERAL TYRE AND RUBBER CO. OF PAKISTAN LIMITED, KARACHI versus DEPUTY COLLECTOR OF CUSTOMS APPRAISEMENT COLLECTORATE, KARACHI AND 2 OTHERS


Article 18 Islamic Development Bank Ordinance (VII 1978), Section 5 (1) Convention e Shaheedat (10 of 1984), Article 114 Applicable Customs Payment by Islamic Development Bank under a Purchase Agreement with the Applicant In relation to the applicant's offer of compensation bonds the duty and other charges after payment of goods by the Islamic Development Bank in favor of him, customs duty and other charges by the applicant, but not for the duration of the duty. Refusing to pay interest on the late payment of the goods, which left him with Islamic possession. Such a claim for interest on the basis of a valid contract by the Development Bank on the basis that such compensation bond was imposed, will not conflict with any law when the customs authorities are required to import the goods at the time of import. Was authorized to receive duty. ; But they agreed to delay payment until the transfer of the goods in favor of the applicant by such measures; the customs authorities were agreed to act on their loss, therefore, the Stoppel rule would apply. , Unless the Petitioner has questioned the bond for such compensation for more than 16 years. The High Court dismissed the constitutional petition requiring customs duty to be paid

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