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Tag Archives: Valuation Ruling

DG Valuation Shahnaz Maqbool assures early disposal of valuation ruling issues

KARACHI: Pakistan Customs has assured business community of early resolution of pending valuation ruling issues on priority basis. Director General Customs Valuation Ms. Shahnaz Maqbool assured this at a meeting held with members of Pakistan Federation of Chambers of Commerce and Industry (FPCCI). According to the statement the FPCCI and Pakistan Customs had agreed in principle to form an advisory ... Read More »

SHC seeks comments on petition filed by importer challenging VR 1319/2018

Valuations Rulings - Pakistan Customs Today News Paper

KARACHI: A two-member bench of the Sindh High Court (SHC) issued notices to the officials of customs department and directed them to file their respective comprehensive para wise comments on a constitutional petition filed by importer against enhancement of valuation of imported 1040 sets thickening brand of tyres with tube and flap of size 8.25R16LT 16 PRTT 128/ 124 L ... Read More »

M/s The Barki Tyre approaches SHC challenging Valuation Ruling 1319/2018

Valuations Rulings - Pakistan Customs Today News Paper

KARACHI: M/s The Barki Tyre has approached the Sindh High Court (SHC) and filed a constitutional petition against enhancement of valuation of imported 1040 sets thickening brand of tyres with tube and flap of size 8.25R16LT 16 PRTT 128/ 124 L under the garb of Valuation ruling no 1319/2018. On 29 April 2021, counsel for the petitioner stated that in ... Read More »

Customs Valuation of Halal Chicken meat (Frozen) determined

KARACHI: The Directorate General of Customs Valuation has determined the customs values of Halal Chicken Meat (Frozen) from all origins vide Valuation Ruling No 700/2014 No.Misc/12/2014-I/7820 dated November 18, 2014. The Directorate initiated the exercise to determine the customs value of Halal Chicken Meat (Frozen) after receiving a reference No 3(36)S.Val/2014 dated September 25, 2014 from the Federal Board of ... Read More »

Valuation ruling of melamine powder issued

KARACHI: The Directorate General of Customs Valuation has determined the customs values of melamine powder (99.8%) from all origins vide Valuation Ruling No 699/2014 No Misc/19/2014-11/7805 dated November 17, 2014. The directorate initiated the exercise to determine the customs value of melamine powder (99.8%) after receiving a reference No SI/Misc/105/2014-II dated August 27, 2014 from Model Customs Collectorate of Appraisement-West along ... Read More »

Valuation ruling of abrasive products issued

KARACHI: The Directorate General of Customs Valuation has determined the customs value of abrasive products from various origins vide Valuation Ruling No 698/2014 No Misc/19/2010-V dated November 6, 2014. Customs values of abrasive products were determined vide Valuation Ruling No 547/2013dated April 19, 2013. The directorate undertook the exercise to re-determine the customs values of the goods after it was ... Read More »

Revision of valuation ruling of formic acid, tiles on 21st

KARACHI: The Directorate General of Valuation would take up the issue pertaining to the revision of the valuation ruling of formic acid and tiles on October 21 and that of printing ink on October 28. The meetings are scheduled to be held at the Director Chamber at 10:30am and 11am on October 21 at the Customs House. The meeting for ... Read More »

Valuation ruling of lead acid batteries to be revised on 16th

KARACHI: The Directorate General of Valuation would take up the issue pertaining to the revision of the valuation ruling of MF lead acid automotive batteries and lead acid batteries on October 16. The meeting to take up the issue pertaining to the revision of MF lead acid automotive batteries will be held at the Director’s Chamber at 10:30am on October ... Read More »

MSPIDA unhappy with valuation ruling of motorcycle parts

Khurram says he has written to director valuation to add number of items not included in valuation ruling 685/2014   KARACHI: All Pakistan Motorcycle Spare Parts Importers and Dealers Association (MSPIDA) has expressed dissatisfaction over the assessment of customs values of motorcycle spare parts vide Valuation Ruling No.685/2014 dated September 15, 2014. Talking to Customs Today, MSPIDA Senior Vice Chairman ... Read More »

Valuation ruling of knob and handle door lock issued

KARACHI: The Directorate General of Customs Valuation has determined the Customs values of knob and handle door lock, door handle thumbs action lock (entrance lock) and night latch/rim lock vide Valuation Ruling No. 697/2014 No. Misc/01/2012-VI dated October 2, 2014. The customs values of knob and handle door lock/door handle thumbs action lock entrance lock) were determined under Section 25A ... Read More »

Customs Valuation of milk powder determined

KARACHI: The Directorate General of Customs Valuation has determined the customs values of milk powder vide Valuation Ruling No 696/2014  and No Misc/28/2007-I dated October 1, 2014. The Directorate initiated the exercise to re-determine the customs values of powder milk after it received a reference No 3(15) S.Val Audit/2013 (4) dated April 10, 2014 from the Federal Board of Revenue ... Read More »

Valuation ruling of sodium lauryl ether sulphate issued

Directorate initiated exercise to re-determine customs value after it was brought to notice that its actual transaction value has increased considerably     KARACHI: The Directorate General of Customs Valuation has determined the customs value of sodium lauryl ether sulphate vide Valuation Ruling No. 695/2014 No.Misc/02/2014-II dated October1, 2014. The directorate initiated the exercise to re-determine the customs value of ... Read More »

Customs issues valuation ruling of one-side coated duplex board

KARACHI: The Directorate General of Customs Valuation, through ruling No 694/2014, has determined the Customs values of one-sided coated duplex board. Customs values of ‘one side coated duplex board grey back in sheets 300 GSM & up and one side coated duplex board other than grey back in sheets’ have been revised through Valuation Ruling No 549/2013 dated 23-04-2013. Sources ... Read More »

Valuation ruling of SLES and alloy/non-alloy steel bars today

KARACHI: A meeting with collectors is likely to be held on Wednesday (today) at the Director Chamber, General of Valuation, at 10:30am to discuss the Risk Management Unit (RMU). According to details, meetings for the revision of the valuation ruling of coated duplex board and toilet soap/liquid soap were held on September 30 while the meetings for the revision of ... Read More »

Customs value of iron, non-alloy steel wire rod fixed

KARACHI: The Directorate General of Customs Valuation has determined the customs value of iron or non-alloy steel wire rod low/high carbon (draw quality) vide Valuation Ruling No. 693/2014 No. Misc/26/2014-VI dated September 26, 2014. The customs values of the said goods were determined under Section 25A of the Customs Act 1969 vide Valuation Ruling No. 550 dated April 23, 2013. ... Read More »

Anti-Dumping Duties

China’s emergence as an economic power has threatened indigenous industries all over the world and many governments have stepped up their efforts to ward off economic threats to their industries at home. In a normal situation, every government encourages the import of different items from foreign countries to meet the local requirements, but restrictions are also imposed on the import ... Read More »

Valuation ruling of shoe polish issued

KARACHI: The Directorate General of Customs Valuation has determined the customs value of shoe polish through Valuation Ruling No. 691/2014 No. Misc/05/2014-II dated September 25. The exercise to determine the customs values of shoe polish was initiated after the case was remanded back by the director general, Customs Valuation vide Order in Revision No. 64/2014 dated 18.8.2014 against Valuation Ruling ... Read More »

Rs 333 million goods imported from India via Wagha Border

LAHORE: Pakistan has imported items worth Rs 333 million between September 15 and 21 from India via the Wagha border. According to available documents, the major items were potatoes, tomatoes, garlic, cake-oil, polyethylene and cotton yarn. The documents also read Pakistan imported potatoes worth Rs 19.8 million during the last week. No duty has been imposed on the import of potatoes from India ... Read More »

Valuation ruling of bicycle parts issued

KARACHI: The Directorate General of Customs Valuation has determined the Customs values of China-origin bicycle parts, vide Valuation Ruling No.690/2014 No.Misc/16/2008-VIIIA-P-II dated September 23, 2014. The Customs value of the said goods were earlier determined under Section 25A of the Customs Act 1969, vide Valuation Ruling No. 319/2011 dated May 18, 2011 and its amendment dated July 23, 2011. However, ... Read More »

Valuation ruling of solar fans without battery, solar panel issued

KARACHI: The Directorate General of Customs Valuation has determined the customs value of China-origin solar fans (without battery and solar panel), vide Valuation Ruling No. 689/2014 No. Misc/13/2014-VII dated September 23, 2014. The directorate initiated the exercise to determine the customs value of the said items after it was brought into its notice that solar fans (without battery/solar panel) were ... Read More »