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 Latest News

Closure of Valuation Dept on Saturdays worries importers

bySyed Muhammad Aslam
20/09/2014
in Latest News
Share on FacebookShare on Twitter

KARACHI: The closure of the Directorate General of Valuation on Saturdays and Sundays is depriving the importers and clearing agents the opportunity to verify value-related complaints timely.

Surprising as it is, many of the staff at the Directorate favours reducing the weekly day-offs from two days to just one- that is Sunday being the only weekly day-off. For this reason, Customs Chief Collector Appraisement Nasir Masroor called under-invoicing a dilemma during his visit of the Karachi Chamber of Commerce & Industry on September 18. The statement highlights the vital link between the Customs Appraisement and Directorate General of Valuation. As is, valuation is one of the top reasons for disputes between the Customs and the importers and clearing agents. The staff favoring one-day weekly holiday at the Directorate of Valuation claimed that two weekly holidays are slowing down the workings of the Appraisement due to prolonged verification about the Customs values.

You might also like

PIA Fleet to be expanded to 60 Aircraft, 18 currently operational: Arif Habib

10/04/2026

DG Valuation revises customs values for lithium ion batteries vide Valuation Ruling No.2062/2026

10/04/2026
Tags: AppraisementbusinessCustoms AppraisementCustoms Chief Collector Appraisement Nasir MasroorCustoms NewsDirectorate General of ValuationEconomyValuation

Related Stories

PIA Fleet to be expanded to 60 Aircraft, 18 currently operational: Arif Habib

byCT Report
10/04/2026

KARACHI: Chairman of the Arif Habib Consortium, the entity owning Pakistan International Airlines (PIA), Arif Habib has said that the...

DG Valuation revises customs values for lithium ion batteries vide Valuation Ruling No.2062/2026

byCT Report
10/04/2026

KARACHI: The Directorate General of Customs Valuation in Karachi has officially revised the customs values for lithium-ion batteries. Additionally, for...

Customs JIAP seizes gold, foreign currency worth Rs190m

byCT Report
10/04/2026

KARACHI: Collectorate of Customs has seized gold jewellery, gold bars and foreign currency worth around Rs190 million at the arrivals...

Inflation in Pakistan continues to surge

byCT Report
10/04/2026

ISLAMABAD: Inflation in Pakistan continues to surge amid rising tensions in the Middle East, with the weekly inflation rate increasing...

Next Post

Weekly review: Rupee firms in inter-bank, weakens in open market

  • 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.