KARACHI: The Directorate General of Customs Valuation has revised the customs values of Hot & Cold Water Dispenser & Parts Valuation Ruling No: 1262/2018 under Section 25A of the Customs Act-1969.
The customs values of hot & cold water dispenser & parts were determined vide valuation ruling No.1098/2017 dated 20.03.2017.
Being aggrieved with the values of valuation ruling, particularly of parts of water dispenser, some importers-cum—assemblers filed revision petitions which were rejected being devoid of merits and substance of the subject matter. However M/s R&I Electrical Appliances Private Limited filed an appeal against order in revision before Appellate Tribunal wherein valuation ruling and order in revision were set aside.
Being aggrieved with Appellate Tribunal’s orders, this directorate has filed a reference before the Honorable High Court of Sindh Karachi. A number of representations were received to re-determine customs values in accordance with prices in the international values. Therefore an exercise was conducted to determine the customs values of hot & cold water dispenser & parts under Section 25A of the Customs Act-1969.
Stakeholders’ participation in determination of customs values: Stakeholders’ meeting was scheduled on 28.12.2017. All participants were requested to submit the following documents:
- Invoices of imports during 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.
During the course of meeting, the stakeholders contended that they are manufacturers of water dispenser and the higher value of water dispenser parts is unaffordable to meet expenses of their business and manufacturing cost therefore the values of parts may be rationalized and separate values for individual/different parts may be determined for uniform assessment. Further, they appreciated that they were not aggrieved with values of complete built units of water dispenser. The stakeholders were requested to submit documents/record to substantial their contentions but till the issuances of this ruling, the relevant documents were not submitted except one importer who submitted some import documents in favor of their contentions.
