Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Breaking News

DG Valuations lowers customs values of nylon yarn vide VR No.2025/2025

byCT Report
26/11/2025
in Breaking News, Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: The Directorate General of Customs Valuation issued Valuation Ruling No. 2025/2025, which supersedes Valuation Ruling No. 1473/2020 dated September 8, 2020. Under the new ruling, the customs value of nylon yarn imported from China and Taiwan has been reduced from $2.15 per kilogram to $1.95 per kilogram. Additionally, customs values for nylon yarn under eight other tariff lines have also been revised downward.

Background and Stakeholder Representation

You might also like

Peshawar Enforcement raises Rs2.9b from confiscated gold, silver & foreign currency in FY2025-26

19/06/2026

Petrol price cut by Rs74, diesel by Rs67 as PM announces relief package

19/06/2026

The previous customs values, determined in 2020, were challenged by the Pakistan Yarn Manufacturers Association (PYMA), which requested an update to align with prevailing international prices. In response, the Directorate initiated a fresh valuation exercise under Section 25A of the Customs Act, 1969, seeking consultation with all relevant stakeholders.

On November 18, 2025, a stakeholder meeting was convened in Karachi, attended by representatives of the Pakistan Yarn Merchants Association, who submitted documents showing lower international prices. They recommended aligning customs values with actual transaction prices and internationally recognized publications.

Valuation Analysis

The Directorate conducted a thorough review of 90 days of import data, market trends, and stakeholder submissions. By integrating empirical data, market intelligence, and stakeholder input, the FBR ensured that the new customs values are transparent, evidence-based, and consistent with Section 25 of the Customs Act, 1969.

This adjustment is expected to provide relief to importers, ensure fair competition, and align domestic customs practices with global market realities

Related Stories

Peshawar Enforcement raises Rs2.9b from confiscated gold, silver & foreign currency in FY2025-26

byCT Report
19/06/2026

PESHAWAR: Collectorate of Customs Enforcement realised Rs2.902 billion during the financial year 2025-26 through the disposal of confiscated gold, silver...

Petrol price cut by Rs74, diesel by Rs67 as PM announces relief package

byCT Report
19/06/2026

ISLAMABAD: Prime Minister Muhammad Shehbaz Sharif on Friday announced a major reduction in petroleum prices, saying the benefits of improved...

Pakistan, Iran eye $10b trade thru greater economic engagement

byCT Report
19/06/2026

ISLAMABAD: Pakistan and Iran have renewed their commitment to strengthening economic ties and increasing bilateral trade to $10 billion through...

SBP reserves rise slightly, Pakistan’s total forex holdings reach $22.742b

byCT Report
19/06/2026

KARACHI: Pakistan’s foreign exchange reserves remained broadly stable during the week ended June 12, 2026, with the State Bank of...

Next Post

FoodAg Pakistan 2025; 3rd edition opens with strong global participation

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.