KARACHI: The Directorate General of Customs Valuation has revised the customs values of hair brushes, cleaning/washing/sweeping/dusting and similar kinds of brushes and feeder brushes through Valuation Ruling No 1147/2017 under Section 25-A of the Customs Act, 1969.
According to details the customs values of hair brushes, cleaning/ washing/ sweeping/ dusting and similar kind of brushes and feeder brushes were determined under Section 25-A of the Customs Act, 1969, vide Valuation Ruling Nos.1072/2017 dated 07-03-2017. Some importers filed Revision Petitions under Section 25D of the Customs Act, 1969, before the Director General of Customs Valuation, which have been disposed of vide Order-in-Revision No.328/2017 dated 14-04-2017.
Hence this Directorate General initiated an exercise for determination of customs values of the subject goods. 3. Stakeholders’ participation in determination of Customs values: Meeting with stakeholders was held on 24-04-2017. The stakeholders were requested to furnish the following documents before or during the course of above said meeting:-A. Invoices of imports during last three months showing factual value. B. Websites, names and E-mail addresses of known foreign manufacturers of the item in question through which the actual current value can be ascertained. C. copies of Contracts made / LCs opened during the last three months showing the value of item in question. D. 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.
The representative of FPCCI and different importers attended the above said meeting. During the meeting importers of different kinds of cleaning brushes, agitating against the previously determined customs values, claimed that the prices of the basic raw material i.e. Plastic Molding Compound ((PVC) had gone down in the international market and requested that the customs values may be revised downwards in line with international market price trends. However, they could not furnish the corroboratory documents/evidence in support of their contentions. Hence fresh market surveys were conducted to recheck previous findings.
Method adopted to determine Customs values: Valuation methods given in Section of the Customs Act, 1969 were followed to arrive at Customs Value of all kinds of Hair s. Transaction value method provided in Section 25 (1) was found inapplicable owing reaction in the values being declared to the customs.
