KARACHI: The Directorate General of Customs Valuation has revised the customs values of carburetor cleaner through Valuation Ruling No 1142/2017 under Section 25A of the Customs Act, 1969.
According to details, the customs values of carburetor cleaner were earlier determined vide Valuation No.193/2017 dated, 28-02-2017. Representations were received from commercial importers for determination of customs values of carburetor cleaner afresh.
Meeting with all the stakeholders including importers and representatives from clearance collectorates and Pakistan Automobile Spare Parts Importers and Dealers Association, was held on 11-04-2017 to discuss the current international prices of the subject goods. The viewpoint of all the participants was heard in details and considered to arrive at customs values of carburetor cleaner.
Valuation methods provided in Section 25 of the Customs Act, 1969 were duly applied in their regular sequential order to address the particular valuation issue at hand. The transaction value method as provided in Sub-Section (1) of Section 25, found inapplicable in light of the wide variety of invoices submitted at import stage the veracity of which could not he ascertained fully, hence requisite information required under law was not available to arrive at the correct transaction value. Identical / similar goods value method provided vide Sub-Sections (5) & (6) of Section 25 ibid were examined for applicability to determine customs value of subject goods, this data provided some references, however, it was found that the same cannot be solely relied upon due to the absence of absolute demonstrable evidence of qualities, and quantities of commercial level etc., and also it was observed that importers usually provided misleading description while declaring goods, as other types and varieties of similar goods to avoid the application bf valuation ruling. Information available • was, hence, found inappropriate.
In line with the statutory sequential order of Section 25, this office then conducted a market inquiry using Deductive Valise Method under Sub-Section (7) of the Section 25 of the ins Act, 1969, however, it was found that the determination of customs value could not be based.
