KARACHI: Director General Customs Valuation Syed Tanveer Ahmed issues Order-in-Revision No. 281/2016 under section 25-D of the Customs Act, 1969 against Valuation Ruling No.913/2016 issued on August 23, 2016. The revision petition was filed by M/s Premier Traders and others.
The petitioners stated that they are the regular importers of used photocopier machines and mostly importing the same from the United States, China etc. Previously, the concerned group assessed the goods declaration in accordance with the valuation ruling 733/2015 issued on May 20, 2015 at the rate of $1.30/kg but now they used the valuation ruling 913/2016 issued on August 23, 2016 by fixing the prices on too much higher side – at the rate of $1.65/kg of all origins.
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Four petitioners appeared and contested the customs values determined for used photocopier machines vide Valuation Ruling No.913/2016 issued on August 23, 2016. They contended that customs value is very high and arbitrarily and has been enhanced without any evidence.
They requested that although customs values of used photocopier machines fixed vide previous Valuation Ruling No.733/2016 was also on higher side but for the sake of resolution of valuation dispute they accepted the previous values at $1.30/kg. They further stated that the prices of the subject goods have been reduced in the international market, (USA/ Canada) which can be verified from any international website.
An independent market inquiry was conducted which revealed that 15 to 20 brands of used photocopier machines are being sold in the local market. Concerned group obtained selling prices of all used photocopier machines available in local market i.e. UniPlaza, II Chundrigar Road. The market prices were worked out by work back methods under section 25(7), which confirmed the average values of used photocopier machines of all brands as per the new Valuation Ruling.
Director General Customs valuation Syed Tanveer Ahmed stated in his order that “the record of the case has been examined thoroughly. Keeping in view the fresh market inquiry, I have considered the importers submissions. As per fresh market inquiry conducted from different places, the values of used photocopier machine of different brands are maintained. The petition is therefore dismissed.”
