KARACHI: The Director General of Customs Valuation issues Order in Revision No. 311/2017 under Section 25-D of the Customs Act-1969 against Valuation Ruling No.1016/2016 dated 23-01-2017. The revision petition was filed by M/s Pakistan Tractors & Others.
According to details, the petitioner stated that the Director Customs Valuation issued Valuation Ruling No.1016/2017 dated 23.01.2017. The Valuation Ruling, issued by the learned Director, neither complied with the basic parameters set by the superior courts for issuance of such rulings nor did it satisfy the stakeholders.
The petitioner also said the valuation ruling claims that the issued Valuation Ruling No. 1016/2017 dated 23.01.2017 also does not address the basic issue of factual international prices of tractors parts therefore the Applicant feels aggrieved against the issuance of impugned Valuation Ruling No. 1016/2017 dated 23.01.2017.
Director Valuation in his order stated that the hearing in the case was fixed on 23.02.2017. An advocate Mr. Maqbool Ahmad on behalf of importer along with Mr. M. Amjad of M/s. Pak Tractor House, Mr. Abdul Majeed importer and others from Lahore appeared and vehemently denied the determination of Customs values of Tractor Parts of China origin vide impugned Valuation Ruling No. 1016/2017 dated 23.01.2017. They contended that during the preparation of Valuation Ruling, not a single reference was given to importers in support of departmental claim or compilation of its inquiries.
Neither the unit price was mentioned during the meeting was nor any retail price identified. Customs values have been determined under Sub-Section 25 (9) instead of Sub-Sections (1), (5), (6), (7) & (8) of the Customs Act-1969.
Prices of all commodities have gone downward internationally. Despite this, department entertained local manufacturers’ contention for determination of customs values of Tractor Parts without providing any substantive documents.
The director general said it was found that the parts of tractors are much heavier than car parts. In term of per kg value, the actual value of tractor parts farther exceeds than the value of car (automotive) parts. Being heavier in weight, prices are fixed on lower side.
In view of the above facts, available record written as well as verbal submissions advanced at the time of hearing by all the petitioners and respondent department, the customs values are determined.
