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DG Valuation revises customs values of ceramic, porcelain sanitary ware vide VR No 1282/2018

byWaqar Ahmed Ansari
14/04/2018
in Karachi, Latest News
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KARACHI: The Directorate General of Customs Valuation has revised the customs values of ceramic / porcelain sanitary wares vide Valuation Ruling No: 1282/2018 under Section 25A of the Customs Act-1969.

A number of representations were received in this Directorate General that sanitary porcelain/ sanitary wares of different types and brands were assessed at lower values. Therefore, an exercise was undertaken to determine the customs values of ceramic / porcelain sanitary wares under Section 25-A of the Customs Act, 1969, to reflect the prices prevailing in the international market.

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A number of stakeholders meetings were held in this Directorate General culminating in a meeting held on February 22, 2018 with importers and representatives of the FBR field formations. The importers requested to submit invoices of imports during the last three months, showing factual values. Websites, names and e-mail addresses of known foreign manufacturers of the item ii; question through which the actual current value can be ascertained were also sought.

Copies of contracts made / LCs opened during the last three months showing the value of item in question.  Copies of sales tax invoices issued during last ‘four months showing the values of supplies (excluding duty and taxes) to substantiate their contentions.

The   representatives of Ms Agility, Ms ABN Enterprises, Ms M. A . W. & Company. Ms Marachi International, Ms Marosh  appeared during the course of stakeholders meetings. Representatives of clearance Collectorate also attended the meetings. The importers contended that their imported items are being assessed at higher values.

Method adopted to determine Customs values: Valuation methods given in Section 25 of the Customs Act, 1969 were followed to arrive at customs values of Ceramic / Porcelain Sanitary wares. Transaction value method provided in Section 25(l) was found inapplicable because the requisite information was not available. 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 on due to wide variation in declared values of subject goods.

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