KARACHI: Directorate General, Customs Valuation, Director General Surriya Ahmed Butt, has decided to revise the Valuation Rulings No: 775/2015 and 776/2015, it is learnt.
Sources told Customs Today that an application was submitted by the importers to Customs Valuation in which change in prices of baby diapers and sanitary towels napkin and tampons was requested. Sources said that Valuation Ruling No. 775/2015 of baby diapers and sanitary towels napkin and tampons issued on December 1, 2015.
A meeting was held with the stakeholders on 1st Aug, 2017. Importers were told to furnish the import invoices of the last three months showing factual values as well as websites, names and e-mail addresses of known foreign manufacturers of the item in question through which the actual current value could be ascertained.
Valuation Ruling No: 776/2015 was issued on 4th Dec 2015. A meeting was held with stakeholders on Aug 1st 2017. Importers were told to furnish the import invoices of the last three months showing factual values as well. The copies of contracts were made/LCs opened during the last three months showing the value of item in question and copies of sales tax invoices issued during the last four months showing the difference in price (excluding duty and taxes) to substantiate that the benefit of difference in price is passed on to the local buyers.
