KARACHI: Acting Director General Customs Valuation Abdul Rasheed Shaikh has agreed on issuing new valuation ruling for the imported garments after a delegation of the All Pakistan Garments Importers Association (APGIA) and members of Customs Agents Association met him on Wednesday.
Earlier, the acting director general customs valuation issued Order in Revision No 239/2016 under section 25-D of the Customs Act 1969 against Valuation Ruling 886/2016 dated 25-07-2016.
In his orders, Shaikh stated: “I have gone through the record of the case as well written arguments put forth by the petitioner and the respondent department”. The arguments of the importers have been considered. Fresh market survey/inquires have been conducted and these goods are mainly low end brands. However, there is no direct evidence to verify the actual transaction prices, therefore, on the basis of available data and market inquiries, the situation was discussed with the stakeholders and accordingly the assessable values have been determined as per enclosed annexure-A of the order.
Acting Director General Customs Valuation Abdul Rasheed Shaikh in his order also stated that, keeping in view that certain portion of these items become our-fashioned hence not good for sale at normal price in the market and are likely to be returned or put to the repeated sale/discount. The basis of revise values was Chinese origin products and the other origins were also investigated through comprehensive market survey.
