KARACHI: Director General Customs Valuation Syed Tanveer Ahmed issued Order in Revision No.292/2017 under section 25-D of the Customs Act, 1969 against Valuation Ruling No. 952/2016 dated October 13, 2016 on the petition filed by M/s Al-Nafay Traders & Others.
According to details, the petitioner stated that the Valuation ruling is contrary to the mandatory provisions of Section-25 read with Section-25-A of the Customs Act, 1969 as well as the principles laid down by the Sindh High Court in the case of M/s Bearing Sale Centre and others (CP No: D-3353 of 2010) that a uniform price of goods in question for different varieties and brands, imported from worldwide sources is highly unjustified.
Sources said that Director General Customs Valuation fixed hearings in this case on December 8, 2016 and December 19, 2016. M/s Al-Nafay Traders and other stated that the customs values notified vide Valuation Ruling No. 952/2016 dated 13-10-2016 in respect of sauces / salad dressing mayonnaise/mustard and tomato ketchup are at very higher side from all origins.
The appellant further stated that during the determination of customs values, all stakeholders strongly contended and requested that the Valuation Ruling No.769/2015 dated November 13, 2015 may be reviewed in the light of prevailing international market prices. They stated that the trend needs to be revised downward otherwise these products will find their way into market through illegal routes under by way of mis-declaration.
The upshot of discussion was that Peri Peri sauce is expensive and should be included in serial No. 1 to increase its value (i) Sauces of brand Peri Peri may be inserted at S.No.01 of the table given in Valuation Ruling No.952/2016 dated 13-10-2016 to increase its value as it is expensive brand. (ii) The value of sauces of brands Remia, Razmin and “Delicio” brands is fixed at US$ 1.80/kg.
The rest of the values and contents of ruling will remain unchanged including that of ketchup which is being manufactured in Pakistan. Director may see prices of other brands. Importers are contending that these other sauces are of higher value. These may be revised in next Valuation Rulings.
The petition is disposed off accordingly.
