Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Karachi

DG Valuations issues Order in Revision of Sulphonic Acid

byWaqar Ahmed Ansari
05/01/2017
in Karachi, Latest News
Share on FacebookShare on Twitter

KARACHI: The Directorate General of Customs Valuation Syed Tanveer Ahmed Order in Revision of sulphonic acid Revision No, 283/2016 under section 25-D of the Customs Act 1069 against Valuation Ruling No, 999/2016. Hearing in the case was fixed on 28-12-1016. The stakeholders stated that the local manufacturer M/s Tufail chemicals industries (50,000 MT) and M/s Colgate industries (20,000 MT) are producing 80% of Pakistan requirement subject Items, M/s Tufail Chemicals Industries Limited are the largest supplier in the local market and M/s Colgate industries are meeting their own requirements. M/s Tufail Chemicals also agreed to fix the value of linear alkyl benzene sulphonic acid at 1160 per metric ton and 1150 per metric ton for Iran.

According to details, Customs Valuation has gone through the record of the case and submission by all the stakeholder i.e. commercial importer and local manufacturer of these items. The arguments of the importers and local manufacturer have been considered. The value of the items was checked from ICIS (scam).The International data confirmed that the prevailing value of Alkyl benzene sulphonic acid is US$ 1160 metric ton. The Customs Values of linear alkyl benzene sulphonic acid (all origin) is determined at US$ 1160 per metric ton whereas for land route of Iranian origin goods is fixed at US$ 1150 /MT accordingly.

You might also like

Gold price jumps Rs5,700 per tola

22/08/2026

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

22/08/2026

Related Stories

Gold price jumps Rs5,700 per tola

byCT Report
22/08/2026

KARACHI: Gold prices surged in both international and domestic markets, with the price of gold rising by $57 per ounce...

PVARA completes Pakistan’s Virtual Asset Framework, opens licensing portal

byCT Report
22/08/2026

ISLAMABAD: Pakistan’s Virtual Assets Regulatory Authority (PVARA) has opened its licensing portal for virtual asset service providers. The move completes...

KP approves Digital Payment Act to promote cashless economy

byCT Report
22/08/2026

PESHAWAR: The Khyber Pakhtunkhwa government has approved the Khyber Pakhtunkhwa Promotion of Digital Payment Act 2026, aiming to promote digital...

Aurangzeb, SRF delegation, discuss investment opportunities, economic cooperation

byCT Report
22/08/2026

ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb held a meeting with a high-level delegation of the Silk...

Next Post

FBR invites tax proposals for upcoming budget

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.