KARACHI: Director General Customs Valuation Syed Tanveer Ahmed issues Order in Revision No.287/2017 under section 25-D of the Customs Act, 1969 against Valuation Ruling No.951/2016 dated 13-10-2016; the revision petition was filed by M/s DFB Gypsum Board.
The petitioner stated that we have submitted WeBOC data of Gypsum Board of imports made during July 2016 and August 2016 on 05 October 2016. We have given websites, names and emails of known manufacturers of the items in question. 5. We have highlighted in our letter dated 06-10-2016 that in valuation ruling No.777/2015 dated 04/12/2015 in S.No. 1 the description of goods, specification of goods given is decorated which is not correct. The correct specification of goods as per WeBOC data of import gypsum board is moisture resistant fire resistant MRT/ FRT.
Valuation method given in section 25 of the Customs Act, 1969 has not been followed in the impugned valuation ruling. The impugned valuation ruling may be reviewed in the light of WeBOC data of imports made in September, 2016, August 2016 and July 2016 attached.
Director General Customs Valuation Syed Tanveer Ahmed in his order stated that the record of the case has been examined in the light of written and oral submissions put forward by the petitioner. Altaf Haroon, Manger Operation, DFB Gypsum Industry, Hub, appeared and contested the customs value determined vide Valuation Ruling No.951/2016 dated 13/10/2016.
The petitioner stated hey have 80% market share but they are going to be eroded. The imported sheets are going be sold at Rs.85-90’sheet of 1.75 kg which comes to Rs. 51.48/kg. The petitioner requested to upcrease the value of Gypsum Board plain of China / Thailand origins and Fiber Cement Board plain of China / Thailand/Indian origin.
Departmental representative Mr. Nadeem stated that local market inquiry was conducted from different places in terms of section 25(7) to arrive at the genuine custom values. He said that market price was Rs. 70-80/sheet of 1.75 kg which comes to Rs.46/kg and after exhausting all valuation methods customs values were determined under Section 25(9) of the Customs Act, 1969.
In view of the above, the arguments of petitioner duly supported with clearance data have been considered, I have inferred that the impugned customs values of Gypsum Board and Fiber Board has been correctly determined in the Valuation Ruling. The petition is therefore rejected and dismissed.
