KARACHI: The Directorate General of Customs Valuation has revised the customs values of glass ampoules (Clear & Amber) Valuation Ruling No: 1328/2018 under Section 25-A of the Customs Act-1969.
It was brought to notice of this Directorate General that glass ampoules (clear & amber) of China origin are being assessed at much lower prices. Therefore, an exercise was initiated to determine the custom values of glass ampoules (clear & amber) of China origin under Section 25A of Customs Act, 1969.
Meetings were held with stakeholders on 13.06.2018 and 04.07.2018. Meetings were attended by different stakeholders including importers, officers from clearance Collectorates and representatives from trade bodies.
All stakeholders had been requested to submit 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.
Copies of sales tax invoices issued during last four months showing the values of supplies (excluding duty and taxes) to substantiate their contentions.
During the meetings, stakeholders were of the view that ampoules are imported in lml, 2m1, 3m1, 5m1 and 10m1 and these are used for water for injection and liquid medicine.
The imported ampoules must meet at least USP Type-I (United States Pharmacopeia) standards. Regarding price variation in customs clearance data, they submitted that value depends on quality, type of ampoules and whether clear or amber and quantity imported.
However, requisite documents were not submitted in this Directorate General in support of their contentions. Valuation methods given in Section 25 of the Customs Act, 1969 were applied sequentially to address the valuation issue at hand.
Transaction value method provided in Section 25 (1) of the Act ibid was found inapplicable because the required information under the law was not available. Identical and Similar goods valuation methods provided in Sub-Sections (5) and (6) of Section 25 of the Customs Act, 1969, 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 vide variation in declared values of the subject goods.
Thereafter, market enquiries as envisaged under Section 25(7) of the Customs Act, 1969 could not be conducted as the goods in question are not available in the local market.
