KARACHI: The Directorate General of Customs Valuation, Karachi, issued Valuation Ruling No. 2081/2026, replacing the earlier ruling No. 1871/2024 issued in January 2024.
According to the ruling, the revision was initiated after a review of import data and observed changes in international market trends for artificial imitation jewelry, which had not been reassessed for more than two years.
The FBR said the reassessment was carried out under Section 25 of the Customs Act, 1969, following consultations with importers and stakeholders held on May 5 and May 11, 2026.
During consultations, importers requested rationalisation of customs values, arguing that artificial imitation jewelry is highly sensitive to damage, defects and rapidly changing fashion trends.
The tax authority reviewed import data from July 2025 to February 2026 along with supporting documentation before finalising revised values.
Under the new ruling, customs values for various categories of electroplated imitation jewelry — including items with stones, beads and crystal embellishments imported mainly from China and other origins — now range from $4.08 per kilogram to $30.12 per kilogram, depending on category and origin.
The ruling clarified that branded or designer jewelry will not fall under the standard valuation framework and will instead be assessed separately under relevant customs provisions.
The FBR further stated that where declared invoice values exceed the benchmark customs values, assessments will be based on the higher declared amount. Additional freight adjustments will also apply to air-imported consignments.
The valuation ruling will remain in effect until further revision or withdrawal by customs authorities under the Customs Act.
