KARACHI: Directorate-General of Customs Valuation Director General Suraiya Ahmed Butt has advised Director Iqbal Muneeb to revisit the Valuation Ruling No. 1164/2017 for removing deficiencies in accordance with law and also taking on board the regular major importers as well as the representatives of Federation of Pakistan Chamber of Commerce & Industries (FPCCI) and Karachi Chamber of Commerce & Industries (KCCI).
According to the details, M/s Samina S Traders filed complaint against Valuation Ruling No.1164/2017 in which it is stated that Customs Valuation department has not made the working/calculations properly while notifying the customs values of the potato frozen, French fries. They also agitated against the price parity maintained between the potato frozen, French fries from various regions.
The departmental representatives explained the valuation methodologies adopted by them to arrive at the customs values determined vide the impugned ruling.
After detailed deliberation of the case, Director General Surriya Ahmed Butt advised Director Customs Valuation Iqbal Muneeb to revisit the Valuation Ruling No. 1164/2016 for removing the deficiencies.
