KARACHI: The Directorate of Customs Valuation determined the customs values of sauces, salad dressing, mayonnaise, mustard and tomato ketchup vide Valuation Ruling No 769/2015.
According to Valuation Ruling available with Customs Today, Directorate General of Customs Valuation determined the customs values of the sauces, salad dressing, mayonnaise and mustard under Section 25-A of the Customs Act, 1969, vide Valuation Ruling No: 678/2014 dated 02-07-2014.
However M/s. Venus Pakistan (Pvt) Ltd, Karachi filed the review application against the issuance of valuation ruling. The unit price of sauces/ mayonnaise/ salad dressing etc of all origins was determined at US $ 1.40/ kilograms vide above mentioned ruling.
The petitioner’s contention is that there is at least 20 to 25 per cent price difference in bulk and retail packing since they import in bulk packing, moreover the said valuation ruling may be reviewed keeping in the view the international prevailing market price variations in both types of packing and the ruling for all origins may be replaced with a fair value of each type, it said.
The reviewing authority i.e. Director General, Directorate General of Customs Valuation vide order in Revision No. 112 dated 25-05-2015 remanded the case back to the Director (Valuation) for revision accordingly.
As per orders of Director General of Customs Valuation against the Valuation Ruling No. 678/2014 dated 02-07-2194 vide order in Revision No. 112 dated 25-05-2015 and with a view to reflect the current prices prevailing in the international market, an exercise to determine the Customs values of subject goods was under taken, it added.
The customs value for sauces of brand Nando’s of all origin would be assessed to C&F at $2.42/kg, sauces of brands American garden/ suree/ kikkoman of all origins at $ 1.87/kg, sauces of brands Heinz, Magic, Time, Omaz, Mama Sita, Delicio of all origin at $ 1.65/kg, sauces of other brands all origins at $ 1.65/kg, salad dressings/mayonnaise/mustard of brand American Garden, Colman’s French’s of all origin at $ 1.98/kg, salad dressings/mayonnaise/mustard of brand Heizn, Magic Time, Omaz, Mama Sita, Delicio of all origins at $ 1.76/kg, salad dressings/mayonnaise/mustard of other brands of all origin at $ 1.76/kg, tomato ketchup (Heinz Brand) of all origins at $ 1.25/kg, tomato ketchup (other than Heinz brand) of all origin at $ 1.16/kg. Besides, 20% discount if imported in bulk packing (above 2Kgs) would also be allowed to the importers.
In case where declared / transaction values are higher than the Customs values determined in this Ruling, the assessing officers shall apply those values in terms of Sub-Section (1) of Section 25 of the Customs Act, 1969. In case of consignments imported by air, the assessing officer shall take into account the differential between air freight and sea freight while applying the Customs values determined in this ruling. This ruling supersedes Valuation Ruling No. 678/2014 dated 02-07-2013.
