KARACHI: The Directorate General of Customs Valuation has revised the customs value of hilal chicken and Turkey meat (frozen) vide Valuation Ruling No 972/2016 under Section 25-A of the Customs Act, 1969.
The customs values of hilal chicken & Turkey meat (frozen) had been determined earlier vide Valuation Ruling No. 757/2015 dated September 02, 2015. Numerous representations have been received in the directorate to revise values keeping in view decreasing trends in international market.
Accordingly to determine true value of hilal chicken & Turkey meat (frozen) in light of current prevailing prices in international market, an exercise to determine the customs values of subject goods was under taken by this Directorate General.
A meeting was held on September 01, 2016, with all the stakeholders of subject goods and representatives of clearance collectorate. This subject meeting was also attended by the representatives of Pakistan Poultry Association, manufacturer and importers of subject goods.
The representatives of Pakistan Poultry Association contended that the instant goods are value added goods and are being exported on very higher values by the exporting countries. Moreover, the locally produced chicken prices are reasonably higher as compared to values determined by the Directorate of Customs Valuation.
In this regard, it was also contended by Pakistan Poultry Association that the entire poultry sector is already going through serious crisis and losing ground due to higher cost of infrastructure and imported poultry feed. The importers, however, contended that international prices for frozen chicken have considerably been gone down, and therefore the higher valuation may lead to discouraged import of frozen chicken.
After proper working, the department fixed customs values of skinless whole chicken frozen of China and UAE origin are fixed at $1.4 per kilogramme, boneless chicken breast frozen of China and UAE origin at $2.25/kg, skinless whole Turkey frozen of UAE origin at $2.75/kg and boneless Turkey breast frozen of UAE origin at $3.3/kg.
