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

Pakistan starts daily petrol, diesel updates from today

20/07/2026

Pakistan allows 26 World Food Programme containers to enter Afghanistan via Torkham

20/07/2026

Related Stories

Pakistan starts daily petrol, diesel updates from today

byCT Report
20/07/2026

ISLAMABAD: Pakistan has introduced a new daily pricing mechanism for petroleum products, replacing the previous periodic revision system. Under the...

Pakistan allows 26 World Food Programme containers to enter Afghanistan via Torkham

byCT Report
20/07/2026

KHYBER: Pakistani customs authorities on Monday issued gate passes to as many as 26 World Food Programme (WFP) containers carrying...

ICCI hosts seminar to unlock untapped Pakistan-Netherlands trade potential

byCT Report
20/07/2026

ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) hosted a seminar titled “Enhancing Bilateral Trade between Pakistan and the...

SC rejects FBR bid to impose 35pc tax on dividend income

byCT Report
20/07/2026

ISLAMABAD: The Supreme Court has dismissed all appeals filed by the Federal Board of Revenue (FBR) seeking to impose a...

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.