KARACHI: The Directorate General of Customs Valuation has determined the customs value of tamarind with seeds from all origins through Valuation Ruling No. 687/2014 No. MISC/11/2014-1/7597 dated September 22, 2014.
The directorate did this after it received a reference – (SI/Misc/263/2014/GR-I (AW) – from MCC of Appraisement-West for determination of tamarind with seeds under Section 25-A of the Customs Act 1969.
The valuation methods provided in Section 25-A of the Customs Act 1969 were followed. The transaction value method under Sub-Section (1), (5) & (6) of Section 25 of the Customs Act 1969 were found inapplicable because of non-availability of sufficient information, particularly the quality of goods. The deductive value methods were, thus, applied to arrive at assessing the customs value of the item.
Meetings with the stakeholders, including the importers and the representatives of FPCCI, KCCI and Kiryana Merchants Association Karachi were held on August 21 and September 3. The written contentions forwarded by the stakeholders were scrutinised.
Finally, the Directorate General of Valuation assessed the duty/taxes on the import of tamarind/tamarind with seeds from all origins having PCY Code 0813.4010 and Proposed PCT for WeBOC of 0813.4010.1000 at $0.30 per kg on the C&F value.
“In cases where the declared/transaction values are higher than the customs values determined in this Ruling, the assessing officers shall apply those values in terms of Sub-Section (1) of Section 25 of the Customs Act. And in cases of consignments imported by air, the assessing officer shall take into account the differential between air freight and sea freight while applying the Customs values determined in this ruling.”
