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The new ruling replaces an earlier valuation that was withdrawn following stakeholder appeals, which prompted authorities to conduct a fresh review of prevailing price levels.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

Punjab set to launch crackdown on token, property tax defaulters

29/09/2026

SECP proposes higher borrowing limits for microenterprises & housing loans

29/09/2026

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

Punjab set to launch crackdown on token, property tax defaulters

byCT Report
29/09/2026

LAHORE: Punjab’s Excise and Taxation Department has decided to launch a crackdown on token tax and property tax defaulters from...

SECP proposes higher borrowing limits for microenterprises & housing loans

byCT Report
29/09/2026

ISLAMABAD: The Securities and Exchange Commission of Pakistan (SECP) has proposed raising the maximum loan limit for microenterprise and housing...

PMA announces nationwide strike over FBR tax policies

byCT Report
29/09/2026

LAHORE: The Pakistan Medical Association (PMA) will lead a nationwide strike on September 30, shutting down medical facilities across the...

FBR IRIS Portal slows as tax return deadline nears

byCT Report
29/09/2026

ISLAMABAD: Hundreds of taxpayers have been unable to file their income tax returns for the fiscal year 2025-26 due to...

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.