KARACHI: Importers, traders and other stakeholders expressed their contentment over the appointment of Muhammad Yahya as Director General (DG) Customs Valuation by Federal Board of Revenue (FBR).
Talking to Customs Today, importers and other stakeholders were of the view that the issues faced by them through issuance of ‘unfair’ valuation rulings could be redressed properly under the leadership of newly appointed DG Customs Valuation Muhammad Yahya.
They hoped that the DG Customs Valuation would take all stakeholders into confidence before determining the Customs values of any description/commodity.
It is pertinent to mention here that importers and other stakeholders had expressed their deep concern over the issuance of 21 Valuation Rulings of different commodities in just four days. They were of the view that the high valuation rulings would definitely support the illegal means of trade.
They appealed to the newly appointed DG Customs Valuation to take effective measures to make the entire process of determining the customs values of commodities transparent and take the stakeholders into confidence before issuance of valuation rulings.
