KARACHI: Directorate General, Customs Valuation, Director General Surriya Ahmed Butt, has decided to revise the Valuation Ruling No: 762/2015 on January 5, 2018, it is learnt.
According to the details, Director General Surriya Butt has said that the department was reviewing suggestions from various importers to set new prices of second hand clothes, shoes and used leather bags, jackets, belts, used toys and kitchenwares. She said that some valuations, which were issued in 2015, were being reviewed from the beginning.
Moreover, the valuations will be set in view of rising prices in the international market. Sources told that a petition was submitted by the importers to Customs Valuation in which change in prices of second hand clothing, shoes and used leather bags, jackets, belts, used toys and kitchen wares, was requested.
Sources told that Valuation Ruling No: 762/2015 was issued on September 18, 2015. A meeting was held with the stakeholders on 7th December, 2017.
Importers were told to furnish the import invoices of the last three months showing factual values as well as websites, names and e-mail addresses of known foreign manufacturers of the item in question through which the actual current value could be ascertained.
Source said now a day’s Director General Surriya Ahmed Butt are continue meetings from importers, because a number of application have submitted from Importers to change the prices of import items.
