KARACHI: The Directorate General of the Customs Valuation has revised the customs values of Glass Blocks & Glass Mosaic Tiles Valuation Ruling No: 1261/2018 under Section 25A of the Customs Act-1969.
The customs values of glass blocks of Indonesia origin were determined vide Valuation Ruling No: 533/2013 dated 08th of January 2013. Moreover, values of glass mosaic tiles were also determined and notified vide Valuation Database No: 177/2017 dated 03-02-2017.
In order to ensure the uniform assessment of glass blocks and glass mosaic tiles with or without porcelain/ceramics, an exercise was undertaken to determine the customs values of subject goods under Section 25A of the Customs Act-1969 to reflect the prices prevailing in the international markets.
Stakeholders’ participation in determination of customs values: Meetings with stakeholders were held on 16-01-2018, 25-01-2018 & 06-02-2018 at the Directorate General of Custom House Karachi. However the importers were requested to submit the following invoices of imports during the last three months showing factual value.
(ii) Websites, names and E-mail addresses of known foreign manufacturers of the item in question through which the actual current value can be ascertained. (iii) Copies of Contracts made/LCs opened during the last three months showing the value of item in question. (iv) Copies of Sales Tax invoices issued during last four months showing the values of supplies (excluding duty and taxes) to substantiate their contentions.
Method adopted to determine Customs values: Valuation methods given in Section 25 of the Customs Act-1969 were applied sequentially to address the valuation issue at hand. Transaction Value Method under Sub-Section (1) of Section 25 of the Act ibid was found inapplicable because the requisite information under the law was not provided by the importers. Identical and Similar Goods valuation methods provided in Sub-Sections (5) and (6) of Section 25 of the Customs Act-1969 provided some reference values but, due to wide variations in the declarations, the same could not be relied upon exclusively.
