KARACHI: The Directorate General of the Customs Valuation has revised customs values of adhesive tape vide Valuation Ruling 791/2015.
The practice to determine the customs values of adhesive tape was undertaken under Section 25(A) of the Customs Act, 1969.
According to details, All Pakistan Self Adhesive Tape Manufacturer Association and some importers filed revision applications before Director General of Customs Valuation, Karachi. The Director General agreeing with the petitioners that prices in international market have gone down in recent months, remanded the case back for redetermination of customs values of the subject items.
All Pakistan Self Adhesive Tape Manufacturers Association, Karachi also approached FBR and the Board forwarded their representation for consideration/comments to this Directorate General. Meanwhile All Pakistan Self Adhesive Tape Manufacturers Association, M/s. A. J. Container and M/s. Osaka Electrical and Industrial Company (importers of Jumbo Rolls and Log Rolls Self Adhesive Tape) submitted a joint agreement dated 07-10-2015, duly signed by All Pakistan Self Adhesive Tape Manufacturers Association recommending therein that tare weight of 02% on account of essential packing for jumbo rolls of self adhesive BOPP/OPP tape and 07% on account of essential packing for self adhesive BOPP/OPP tape/stationery tape in log rolls be allowed.
Therefore, this Directorate General initiated an exercise for determination of customs values of Self Adhesive Tape (Transparent BOPP/OPP) in Jumbo/Log Roll and Self Adhesive Tape (Transparent BOPP/OPP) in retail packing.
The customs values of self adhesive (Transparent BOPP/OPP) tape-width exceeding 20cm –(Jumbo Rolls) under PCT chapter 39.19 of China/Malaysia will be at $ 1.60/kg, of Korea/UAE/Taiwan at $1.68/kg, Europe & USA at $2.08/kg and goods of all other origins will be assessed to duty and taxes at $1.70/kg.
While, the customs values of self adhesive (Transparent BOPP/OPP) tape-width exceeding 20cm –(Log Rolls) of China/Malaysia will be at $ 1.65/kg, Korea/UAE/Taiwan at $1.73/kg, Europe & USA at $2.14/kg and goods of all other origins will be assessed to duty and taxes at $$1.75/kg.
The customs values of self adhesive (Transparent BOPP/OPP) tape-width not exceeding 20cm –(in retail packing with paperboard spool) under PCT chapter 39.19 of China/Malaysia will be $1.68/kg, of Korea/UAE/Taiwan will be $1.76/kg, of Europe & USA will be $2.18/kg and goods of all other origins will be assessed to duty and taxes at $1.79/kg.
The customs values of self adhesive (Transparent BOPP/OPP) tape-width not exceeding 20cm –(in retail packing with plastic spool) under PCT chapter 39.19 of China/Malaysia will be $1.72/kg, of Korea/UAE/Taiwan will be $1.80/kg, of Europe and USA will be $2.24/kg and goods of all other origins will be assessed to duty and taxes at $1.85/kg.
The customs values of self adhesive (Transparent BOPP/OPP) scotch brand width not exceeding 20cm –(in retail packing) under PCT chapter 39.19 of China/Malaysia will be $5.4/kg, of Korea/UAE/Taiwan will be $5.6/kg, of Europe and USA will be $7.0/kg and goods of all other origins will be assessed to duty and taxes at $5.8/kg.
