KARACHI: With the aim to determine customs values of several items, the Directorate General of Customs Valuation has scheduled meetings with the stakeholders, including importers, traders and industry representatives, for the whole month of July.
Pakistan Customs is establishing database values for about 2000-3000 different items which are not commensurate with international price trends. The department will revise customs values of beverages, used machinery, auto parts, electrical and office appliances, fabric and medical goods in first phase.
According to the schedule of third week of July, the first meeting of forth week held on July 25 to revise valuation of Infusion Giving Set and Infusion Giving Set with Burette, Tooth Brushes, Water Dispenser and Photocopier Machines 25; meeting to for Disposable Syringes (Unbranded), Arms & Ammunition, Speakers, Old & Used Second Hand Machinery and Exercise Machines will be held on July 26; for Sodium Sulphate Anhydrous, Rechargeable Electric Shaver, and Replacement Auto Parts on July 27; while a meeting to determine the customs values of I.V.Canulla/I.V.Canulla Catheter, Press Fasteners / Snap Fasteners and DVD Player will be held on July 28, 2016.
All the valuation rulings issued so far are already uploaded in the WeBOC system. The system is being amended so that all rulings may be visible to traders. Moreover, provision is being created to upload values of database.
