KARACHI: With the aim to determine customs values of several items, the Directorate General of Customs Valuation has scheduled meetings with the stakeholders, including importers, traders and industry representatives, for the whole month of July.
Pakistan Customs is establishing database values for about 2000-3000 different items which are not commensurate with international price trends. The department will revise customs values of beverages, used machinery, auto parts, electrical and office appliances, fabric and medical goods in first phase.
According to the schedule of second week of July, the first meeting will be held on July 11 to determine customs values of non-dairy topping cream; on July 12, a meeting will determine values of beverages (aerated water); on July 13, valuation of manicure/pedicure sets; fruit jam will be determined; valuation of motorcycle parts will be revised on July 15 and valuation of soya sauce/salad dressing will be determined on July 14 meeting.
