KARACHI: The Directorate General of Customs Valuation has issued the reference values for electric water heater of 15 litres and electric fan room heater of 1000 watts.
The directorate general has initiated an exercise to develop database values for different items wherein it has been observed that declarations are 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 electric water heater 15L falling under PCT Headings 8516.1000, are being assessed at different values and certain transactions are on very low side.
It was also observed that electric fan room heater falling under PCT Headings 8516.2900, 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.
Therefore, the office has found that the customs values of electric water heater of 15L of China origin are as $46.00 per piece and electric fan room heater as $18/pc.
The values are 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 ens “ng values are required, Collectorate may forward a reference along with detailed justifications.
