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Home Breaking News

DG Valuations lowers customs values of nylon yarn vide VR No.2025/2025

byCT Report
26/11/2025
in Breaking News, Karachi, Latest News, Slider News
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KARACHI: The Directorate General of Customs Valuation issued Valuation Ruling No. 2025/2025, which supersedes Valuation Ruling No. 1473/2020 dated September 8, 2020. Under the new ruling, the customs value of nylon yarn imported from China and Taiwan has been reduced from $2.15 per kilogram to $1.95 per kilogram. Additionally, customs values for nylon yarn under eight other tariff lines have also been revised downward.

Background and Stakeholder Representation

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The previous customs values, determined in 2020, were challenged by the Pakistan Yarn Manufacturers Association (PYMA), which requested an update to align with prevailing international prices. In response, the Directorate initiated a fresh valuation exercise under Section 25A of the Customs Act, 1969, seeking consultation with all relevant stakeholders.

On November 18, 2025, a stakeholder meeting was convened in Karachi, attended by representatives of the Pakistan Yarn Merchants Association, who submitted documents showing lower international prices. They recommended aligning customs values with actual transaction prices and internationally recognized publications.

Valuation Analysis

The Directorate conducted a thorough review of 90 days of import data, market trends, and stakeholder submissions. By integrating empirical data, market intelligence, and stakeholder input, the FBR ensured that the new customs values are transparent, evidence-based, and consistent with Section 25 of the Customs Act, 1969.

This adjustment is expected to provide relief to importers, ensure fair competition, and align domestic customs practices with global market realities

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