KARACHI: The Directorate General of Customs Valuation has issued the reference values for toothpick (low-end brand in paper packing) and another valuation of wooden cloth hangers.
The directorate has initiated an exercise to develop database values for different items wherein it has been observed that declarations are of wide range and do not correctly reflect the values of the items as traded in the international market.
During the scrutiny of previous clearance data, it has been observed that toothpick (low-end brand in paper packing) falling under PCT headings 4419.0000, 4420.9090 and 4421.9090 are being assessed at different values and certain transactions are on very low side.
This 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.
The Directorate General, therefore, has found that the customs values of toothpick (low-end brand in paper packing) $1.25/per kilogram and clothes hangers (wooden) China origin $2.00/per kilogram.
These values are, however, for reference/guidance only and final assessment could 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 ensuing values are required,
The collectorate may forward a reference along with detailed justifications and worksheets so that requisite adjustments are accordingly issued. In case of any grievance, the importer can file a request to the Directorate General along with substantiating evidences/record for reconsideration/review.
