Category Archives: Customs Valuation

Customs fixes valuation at $82,000 for clearance of rear engine intercity buses

pak_customs1

KARACHI: Pakistan Customs has fixed valuation up to $82,000 per piece for determination of duty and taxes on clearance of China – origin imported rear engine intercity buses.

Suiting fabric’s valuation increased on rising price trend in international markets

pak_customs1

KARACHI: Directorate General of Customs Valuation has enhanced the values of viscose suiting fabrics considering the higher trend of prices in international markets.

Customs values of white oil revised on reports of gross under-invoicing

pak_customs1

KARACHI: Directorate General of Customs Valuation has revised values of white oil for determination of duty and taxes. The valuation has been revised on the information that the item was grossly under-invoiced.

Pakistan Customs issues fresh valuation for grey, bleached fabrics for determination of duty, taxes

pak_customs1

KARACHI: Directorate General of Customs Valuation has issued fresh customs valuation of grey fabric and bleached fabrics as per prevailing international prices in order to determine duty and taxes at the time of clearance.

FBR issues list of 731 items to impose regulatory duty

fbr

KARACHI: Federal Board of Revenue (FBR) has issued a list of 731 items to impose regulatory duty on import of such goods. The FBR issued SRO 1035(I)/2017 on Tuesday to implement the regulatory duty.

Valuation Ruling No. 950/2016 for determination of customs values for surgical gloves

pak_customs

KARACHI: Directorate General of Customs Valuation has issued Valuation Ruling No. 950/2016 dated October 06, 2016 for determination of customs values of latex vinyl and nitrile examination and surgical gloves H S Code 4015.1100 and 4015.1900 under Section 25-A of the Customs Act, 1969.

Valuation Ruling No. 949/2016 for determination of customs values for nuts, bolts and washers

pak_customs

KARACHI: Directorate General of Customs Valuation has issued Valuation Ruling No. 949/2016 dated October 06, 2016 for determination of customs values of high tensile nuts, bolts and washers (Pakistan Customs Tariff 7318.1510, 7318.160) under Section 25-A of the Customs Act, 1969.

Valuation Ruling No. 948/2016 for determination of customs values for chemicals

pak_customs

KARACHI: Directorate General of Customs Valuation has issued Valuation Ruling No. 948/2016 dated October 06, 2016 for determination of customs values of chemicals, methylene chloride, propylene glycol, sodium-bi-carbonate, mono sodium glutamate, calcium acetate and calcium propionate under Section 25-A of the Customs Act, 1969.