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 Breaking News

FBR revises import customs values for pharmaceutical glass vide VR No2067/2026

byCT Report
25/04/2026
in Breaking News, Karachi, Latest News, Slider News
Share on FacebookShare on Twitter

KARACHI: The Directorate General of Customs Valuation in Karachi announced the revision covering pharmaceutical-grade glass imports from China and Europe.

The new ruling replaces an earlier valuation that was withdrawn following stakeholder appeals, which prompted authorities to conduct a fresh review of prevailing price levels.

You might also like

Pak-Italy trade witnesses over 18pc surplus in 10 months

08/06/2026

Hinza Asif meets President RCCI

08/06/2026

Importers had raised concerns that the previous customs benchmarks were misaligned with actual international market prices, noting in particular that the declared import value of clear glass ampoules from China had fallen below earlier reference points.

Pricing differences between printed and non-printed ampoules were also highlighted during consultations, though limited trade data was available for printed variants.

Customs officials confirmed that all importer submissions and supporting documentation were considered during the valuation exercise. A market survey found that glass ampoules and glass tubing — being specialized industrial inputs for pharmaceutical manufacturing — are not domestically produced or widely available in Pakistan, which restricted direct local price comparisons.

Authorities also examined alternative valuation methods but determined they could not be reliably applied, citing insufficient data on manufacturing and conversion costs in the exporting countries.

The revised valuation is intended to bring import duty assessment closer to actual trade prices, improving accuracy and transparency for pharmaceutical manufacturers and importers of injectable packaging materials.

The ruling covers imports from China and Europe and has been issued under the authority of the Directorate General of Customs Valuation, Karachi.

Related Stories

Pak-Italy trade witnesses over 18pc surplus in 10 months

byCT Report
08/06/2026

ISLAMABAD, Jun 8 (APP): Pakistan’s goods and services trade with Italy witnessed a surplus of 18.41 percent during the first...

Hinza Asif meets President RCCI

byCT Report
08/06/2026

RAWALPINDI: Hinza Asif, President of Asia Web3 Alliance Japan (AWAJ), held a productive meeting with the President of the Rawalpindi...

Karachi Port completes Pakistan’s first 1,500-tonne VLSFO bunkering operation

byCT Report
08/06/2026

KARACHI: Karachi Port Trust (KPT) has facilitated Pakistan's first-ever delivery of 1,500 metric tonnes of IMO-compliant Very Low Sulphur Fuel...

Maritime affairs minister steps up efforts to free Pakistani seamen held by Somali pirates

byCT Report
08/06/2026

KARACHI: Islamabad has intensified diplomatic efforts to secure the release of Pakistani crew members being held hostage by pirates aboard...

Next Post

Public, freight transport fares hiked amid rising petrol prices

  • 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.