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Home Karachi

DG Customs Valuation issues reference values for PCT mat, printer toner

byWaqar Ahmed Ansari
14/12/2016
in Karachi, Latest News
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KARACH: Directorate General of Customs Valuation has issued reference values for PVC mat. This Directorate General has initiated an exercise to develop database values for different items wherein it has been observed that declarations are of wide range and do not correctly reflect values of the items as traded in the international market.

During the scrutiny of previous clearance data, it has been observed that PVC Mat falling under PCT headings 3918.1000 are being assessed at different values and certain transactions are on very low side.

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This Directorate General, after carefully examining the clearance data, also conducted market inquiries to verify the authenticity of declarations. Online prices were also obtained to corroborate the findings of the market surveys. This office, therefore, has found that the customs values of PVC Mat China $2.99/kg.

Meanwhile, Directorate General of Customs Valuation has issued the reference values for Printer Toner in Bulk. This Directorate General has initiated an exercise to develop database values for different items wherein it has been observed that declarations are of wide range and do not correctly reflect values of the items as traded in the international market. During the scrutiny of previous clearance data, it has been observed that Printer Toner in Bulk falling under PCT headings 37071000 are being assessed at different values and certain transactions are on very low side. This Directorate General, after carefully examining the clearance data, also conducted market inquiries to verify the authenticity of declarations. Online prices were also obtained to corroborate the findings of the market surveys. This office, therefore, has found that the customs values of Printer Toner in Bulk Printer Toner in Bulk China origin $4.06/kg.

These values are, however, for reference/guidance only and final assessment may please be made after considering other factors which have bearing on the customs value. The clearance Collectorates may like to consider the values given above before finalizing the assessment of the subject items. If further fine-tuning in specifications and ensuing values are required, Collectorate may forward a reference along with detailed justifications ant worksheets so that requisite adjustments are accordingly issued.

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