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Home Breaking News

FBR revises customs values for imported ammunition vide VR No2087/2026

byCT Report
09/06/2026
in Breaking News, Karachi, Latest News, Slider News
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ISLAMABAD: The Federal Board of Revenue (FBR) has revised customs values for imported ammunition through Valuation Ruling No. 2087/2026, updating duty assessment rates for various calibres and origins of cartridges.

The latest ruling supersedes Valuation Ruling No. 2026/2026 dated January 16, 2026, following requests from importers and stakeholders for the inclusion of additional ammunition calibres and a review of existing customs values.

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According to the Directorate General of Customs Valuation, customs values for ammunition had previously been determined under Section 25A of the Customs Act, 1969.

However, representations were received from importers, including M/s Bandookwala, seeking the inclusion of .22 calibre ammunition, particularly ELEY brand cartridges originating from the United Kingdom, which were not specifically covered under the previous ruling.

Stakeholders also requested the inclusion of .222 calibre ammunition and urged authorities to revise customs values in line with prevailing market conditions, declared import values and current assessment practices.

To review the matter, the Directorate convened a meeting on April 30, 2026, attended by representatives of M/s Bandookwala and other importers. During the discussions, participants highlighted significant variations in declared import values for similar ammunition products, particularly for ELEY brand .22 calibre cartridges imported from the United Kingdom.

Importers argued that lower declared values by some traders created discrepancies in customs assessments and could encourage under-invoicing. They requested the inclusion of specific customs values to ensure uniform treatment of imports.

The Directorate subsequently conducted a detailed examination of available import data, declared invoice values, market prices, reference values and stakeholders’ submissions. Market inquiries were also undertaken to determine prevailing prices for ammunition of various calibres, brands and origins.

Following the review, customs authorities determined revised customs values for imported ammunition based on prevailing market trends and available evidence.

Under the new valuation ruling, customs values for 30 Bore cartridges have been fixed at US$0.17 per piece for Chinese-origin products and US$0.20 per piece for other origins. For 9mm cartridges, customs values have been set at US$0.17 per piece for imports from China and Turkey, while imports from other countries will be assessed at US$0.21 per piece.

Similarly, customs values for .223 Remington/5.56 calibre cartridges have been fixed at US$0.22 per piece for imports originating from China, Oman and Turkey, and US$0.24 per piece for other origins.

The revised ruling is expected to standardise customs assessments, improve revenue collection and address concerns regarding under-invoicing in ammunition imports.

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