KARACHI: The Directorate General of Customs Valuation has revised the customs values of Egg Powder Valuation Ruling No: 1265/2018 under Section 25A of the Customs Act-1969.
Earlier, customs values of Whole Egg Powder, Egg Yolk Powder and Egg Albumin/White Powder (High Gel) were determined and notified vide Valuation Ruling No. 1086/2017 dated 17-03-2017.
A representation was received from local manufacturer of the subject items wherein they contended that values need to be re-aligned with international market trend. Moreover, they also complained that notified customs values in the ruling are not being implemented in certain clearance formations. In response, this Directorate General immediately sensitized the concerned clearance collect orates and requested them to ensure that existing notified values are correctly implemented. Besides, this Directorate General also initiated an exercise for re-determination of customs value for the subject goods.
They also contended that they are the local manufacturers, and they have the capability of meeting the demands of local industry. They need support from the government in this regard. On the other hand, representatives from M/s National Foods and M/s Mitchells Pakistan stated that customs value of egg powder notified vide existing VR are already on higher side and need to be rationalized downward in line with actual existing values in the international market.
They stated that they are the leading manufacturers of multiple food products, contributing billions in the national exchequer and that they always declare the actual price and never resort to under-invoicing. They further pointed out that they have recently introduced their new product ‘mayonnaise’ and they have done heavy investment for setting its plant and machinery. They also submitted the copies of import GDs and invoices and L/Cs. During the proceedings, it was also pointed out by M/s Al-Waha that some importers declare incorrect PCT Headings to avoid application of Valuation Ruling. Import data was examined which showed clearances in irrelevant PCTs. The view point of all stakeholders was heard in detail and considered to arrive at customs values of Egg Powder.
