KARACHI: The Directorate General of Customs Valuation has revised the customs value of empty plastic bottles through Valuation Ruling No 1129/2017 under Section 25-A of the Customs Act, 1969.
According to details, the customs values of empty plastic bottles were earlier determined vide VDB No.107/2016 on November 30, 2016. Representations were received from commercial importers, for determination of customs value of empty plastic bottles afresh. Meeting with all the stakeholders including importers and representatives from clearance Collectorates, was held on 03-03¬2017 to discuss the current international prices of the subject item.
The commercial importers stated that these are different types of bottles i.e. food grade, cosmetics grade they requested to determine the customs values by considering end use of Bottles and prices of raw material. The view point of all participants was heard in detail and considered to arrive at customs value of empty plastic tottles.
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 be 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 of 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 Value Method under Sub-Section (7) of the Section 25 of the Customs Act 1969.
