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 being imported at under invoiced values thereby causing loss to the national exchequer.
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The valuation methods provided in Section 25 of the Customs Act 1969 were applied to address this valuation issue. The transaction value method under Sub-Section (1) of Section 25 of the Customs Act 1969 was found inapplicable because required information under the law was not available. Identical/similar goods valuation methods provided in Sub-Section (5) and (6) of Section 25 provided some reference values. Market enquiry was also conducted under Sub-Section (7) of Section 25 and findings of enquiry were considered. Consequently, the fall back method was envisaged under Section 25(9) of the Customs Act 1969 to determine the Customs value of the items.
The customs value (C&F) of solar ceiling fan 48” (without battery/solar panel) having PCT 8414.5110 and Proposed PCT for WeBOC 8414.5110.1000 is determined at $6.5 per piece.
The customs value (C&F) of solar ceiling fan 56” (without battery/solar panel) having PCT 8414.5110 and Proposed PCT for WeBOC 8414.5110.1100 is determined at $7 per piece.
The customs value (C&F) of solar pedestal fan 8” to 14” (without battery/solar panel) having PCT 8414.5120 and Proposed PCT for WeBOC 8414.5120.1000 is determined at $4 per piece.
The customs value (C&F) of solar pedestal fan above 14” to 20” (without battery/solar panel) having PCT 8414.5120 and Proposed PCT for WeBOC 8414.5120.1100 is determined at $4.50 per piece.
The customs value (C&F) of China origin solar bracket fan above 8” to 14” (without battery/solar panel) having PCT 8414.5190 and Proposed PCT for WeBOC 8414.5190.1000 is determined at $4 per piece.
The customs value (C&F) of solar bracket fan above 14” to 20” (without battery/solar panel) having PCT 8414.5190 and Proposed PCT for WeBOC 8414.5190.1100 is determined at $4.50 per piece.
“In cases where the declared/transaction values are higher than the customs values determined in this Ruling, the assessing officers shall apply those values in terms of Sub-Section (1) of Section 25 of the Customs Act. And in cases of consignments imported by air, the assessing officer shall take into account the differential between air freight and sea freight while applying the Customs values determined in this Ruling.”
