KARACHI: The Directorate General of Customs Valuation revised the customs value of keyboard and mouse through Valuation Ruling No 1084/2017 under Section 25A of the Customs Act, 1969.
According to details, the customs values of computer keyboard and mouse of low end brands were notified vide VDB letter Nos. 87 and 88, both dated 18-11-2016. Meanwhile the Directorate General initiated an exercise for determination of customs values of keyboard and mouse under Section 25A of the Customs Act 1969.
Sources said that a meeting with stakeholders was held on 01-03-2017. Importers were requested to furnish invoices of imports during last three months showing factual value, websites, names and e-mail addresses of known foreign manufacturers of the item in question through which the actual current value can be ascertained, copies of contracts made/LCs opened during the last three months showing the value of item in question and copies of sales tax invoices issued during last four months showing the difference in price (excluding duty and taxes) to substantiate that the benefit of difference in price is passed on to the local buyers.
However, no documents were submitted in the Directorate General on or even before the said scheduled meetings. During the course of the meeting, the stakeholders claimed that the values of raw material of the keyboard and mouse of China origin have actually reduced in the international market as compared to the values notified vide VDBs , therefore, the values needed downward revision. They were requested to submit import invoices, sales tax invoices, literature, evidences and other relevant requisite import documents in support of their contention. They did not provide any documents or evidence to substantiate their contentions.
Valuation methods given in Section 25 of the Customs Act, 1969 were followed to arrive at customs values of keyboard and mouse, with wire and wireless. Transaction value method provided in Section 25 (1) was found inapplicable owing to wide variation in the values being declared to the customs. Identical/similar goods value methods provided in Section 25 (5) & (6) were examined for applicability to the valuation issue in the instant case which provided some reference values of the subject goods but the same could not be exclusively relied upon due to wide variation in declared values of subject goods.
