KARACHI: The Directorate General of Customs Valuation has revised the customs values of Sscent and similar toilet sprays and Mount Head thereof (empty sprayers/atomizer made of plastic) through Valuation Ruling No: 1253/2017 under Section 25A of the Customs Act-1969.
Earlier, the Customs values of scent and similar toilet sprays and mount Head were determined vide Valuation Ruling No. 1139/2017, dated 21.04.2017, followed by corrigendum dated 2.5.2017. The Director General of Customs Valuation vide Order in Revision No. 405/2017 dated 07.11.2107 directed to conduct the valuation exercise thoroughly, and to re-determine the Custom Values of the subject goods under Sec 25-A of the Customs Act, 1969.
This office, therefore, initiated exercise for re-determination of customs values of the subject goods. Meetings with stakeholders were held on 26.09.2017, 05.12.2017 and 31.01.2018.
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. 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 difference in price (excluding duty and taxes) to substantiate their stance.
The commercial importers participated in the scheduled meetings and presented their view point. They contended that the impugned Valuation Ruling prices are high and therefore require fair revision in line with the prevailing prices in the international market. The representatives of Collectorates stated that this item is also being declared in Chapter 84 and 39 in order to get benefit of reduced rate of custom duties and taxes. The view point of the participants was heard in detail and considered to arrive at custom values of subject goods.
Valuation methods given in Section 25 of the Customs Act, 1969 were followed to arrive at customs value of scent and similar toilet sprays and mount head thereof (empty sprayers/atomizer made of plastic).
Transaction value method provided in Section 25 (1) was found inapplicable owing to wide variation in the values being declared to the customs and incomplete descriptions. 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.
