KARACHI: Directorate General of Customs Valuation has issued the reference values for “Red Herring” Garments.
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 Red Herring Garments falling under PCT headings 6106.1000, 6106.9000, 6109.1000, 6109.9090, 6104.6200, 6104.6900 are being assessed at different values and certain transactions are on very low side.
The directorate general, 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 “Red Herring Brand” Garments as follows Red Herring Brand ladies and gents shirts (all types) 6106.1000, 6106.9000 all origin $15/Pc2, T-Shirts (all types) 6109.1000, 6109.9090 $20/Pc, “Red Herring Brand” ladies AND GENTS Jeans Casual Pants 6104.6200, 6104.6900 $25/Pc.
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.
In case of any grievance, the importer can file a request to the Directorate General alon ith substantiating
