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 Karachi

Customs Valuation issues reference values of Lincomvcin Injections, Metronidazole Injections

byWaqar Ahmed Ansari
01/12/2016
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: Directorate General Customs Valuation has issued reference values for Lincomvcin Injections. The directorate general has initiated an exercise to develop database values for different items wherein it has been observed that declarations are of wide range and do not correctly reflect values of the items as traded in the international market.

During the scrutiny of previous clearance data, it has been observed that Lincomycin Injections falling under PCT headings 3004.2000 is being assessed at different values and certain transactions are on very low side.

You might also like

Budget 2026-27: Govt moves to eliminate 2,662 trade barriers

23/04/2026

Pakistan seeks three spot LNG cargoes in first tender since December 2023

23/04/2026

He, after carefully examining the clearance data, also conducted market inquiries to verify the authenticity of declarations. Online prices were also obtained to corroborate the findings of the market surveys. This office, therefore, has found that the customs values of Lincomycin Injections are as follows Lincomycin Injections $10.667/Kg

The value is, however, for reference/guidance only and final assessment may please be made after considering other factors which have bearing on the customs value.

The clearance collectorates may like to consider the values given above before finalizing the assessment of the subject items. If further fine-tuning in specifications and ensuing values are required, Collectorate may forward a reference along with detailed justifications and worksheets so that requisite adjustments are accordingly issued.

Meanwhile Directorate General of Customs Valuation has issued the reference values for Metronidazole Injections.

The directorate general has initiated an exercise to develop database values for different items wherein it has been observed that declarations are of wide range and do not correctly reflect values of the items as traded in the international market.

During the scrutiny of previous clearance data, it has been observed that Metronidazole Injections falling under PCT heading 3004.2000 is being assessed at different values and certain transactions are on very low side.

After carefully examining the clearance data, also conducted market inquiries to verify the authenticity of declarations. Online prices were also obtained to corroborate the findings of the market surveys. This office, therefore, has found that the customs values of Metronidazole Injections are $1.65/kg

These values are, however, for reference/guidance only and final assessment may please be made after considering other factors which have bearing on the customs value.

The clearance collectorates may like to consider the values given above before finalizing the assessment of the subject items. if further fine-tuning in specifications and ensuing values are required_ Collectorate may forward a reference along with detailed justifications and worksheets so that requisite adjustments are accordingly issued.

 

 

Related Stories

Budget 2026-27: Govt moves to eliminate 2,662 trade barriers

byCT Report
23/04/2026

ISLAMABAD: The government is set to unveil wide-ranging trade reforms in the FY2026-27 budget, targeting the removal of 2,662 non-tariff...

Pakistan seeks three spot LNG cargoes in first tender since December 2023

byCT Report
23/04/2026

KARACHI: Pakistan LNG Limited has issued its first spot tender for liquefied natural gas (LNG) since December 2023 amid supply...

Sindh partners with banks to digitise property transfer tax collection

byCT Report
23/04/2026

KARACHI: The Sindh government has entered into agreements with major financial institutions to digitise the collection of property transfer taxes,...

FBR slashes property valuation rates in five cities to boost real estate activity

byCT Report
23/04/2026

ISLAMABAD: Federal Board of Revenue (FBR) has reduced the valuation of immovable properties by 10% to 30% in five major...

Next Post

Tax official restrained from taking action against Premier Plastic Industries

  • 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.