KARACHI: Director General Customs Valuation Syed Tanveer Ahmed issues Order in Revision No.244 /2016 under section 25- A of the Customs Act, 1969 against Valuation Ruling No.862/2016 dated 22-06-2016.
According to the details, the revision petition was filed by M/s Kheewa & Sons under section 25-D of the Customs Act, 1969 against customs value determined vide Valuation Ruling No.862/2016 dated 22-06-2016 issued under 25-A of the Customs Act, 1969.
The Director General Customs valuation Syed Tanveed Ahmed in his order stated that, “I have examined the record of the case as well as written and verbal arguments put forward by the petitioners and respondents. Mr. Saleem Khan appeared on behalf of A.R.O (Pvt.) Ltd. he stated that PVC cling Film 9-10 micron used for food packing.
A guide line of PVC cling Film was existed at US$ 1.45/Kg for all origins whereas Valuation Ruling has determined at US$ 2.01/Kg of Chinese origin and US$ 2.75/Kg for all other origins which is arbitrary and requested for reviewing the customs values.
The Director General Customs valuation Syed Tanveed Ahmed further stated that Mr Jaffar appeared to represent M/s Occan Enterprises and M/s Shanza Enterprises. He contended that prices of China and Far-East should be same as per previous guide line. In previous guideline custom values of Far-East including China were at US$ 1.45/Kg whereas other origins (Europe/UE etc) custom value was at US$ 3.00/Kg but now other origins have been determined at US$ 2.75/Kg which includes Far Eastern countries also.
The importer contended that the prices of China, Malaysia and Philippines are around 25% more than China. Prices from Zauba (Indian imports) were retrieved which shows values of Malaysia origin at US$ 2.45/Kg. Market inquiry was also conducted which could not be satisfactory due to non availability of the goods in local market for sale. The data of international sites were consulted.
