New values on import of light fittings/fixtures from China issued

ISLAMABAD: To regulate imports from China, Directorate General Customs Valuation Karachi has issued new customs values on the import of light fittings/fixtures from China.

According to a new valuation ruling issued on Wednesday, the Valuation Ruling of 2017 was issued by this Directorate FBR for determination of customs values of light fittings/fixtures under Section 25A of the Customs Act, 1969. Subsequently, consequent upon the issuance of customs general order (CGO) No. 15 of 2019 and CGO No. 17, whereby the Units of Measurement of goods falling under various PCT Codes were revised for assessment purposes, the aforesaid Valuation Ruling was withdrawn vide this Directorate’s order.

It was observed that the subject goods are regularly imported in considerable quantities and, in the absence of an operative and properly structured Valuation Ruling, are being assessed at varied declared values. The variation in practices was creating a lack of uniformity and potential risk of revenue leakage.

An exercise was initiated by this Directorate for determination of customs values the subject goods under Section 25A of the customs Act, 1969.

Meeting for determination of customs values was held, which was attended by the relevant stakeholders. The viewpoints of the participants were heard in detail and the stakeholders were requested to submit documentary evidence to substantiate their contentions.

For determination of customs values of the subject goods, ninety (90) days’ import data was retrieved and thoroughly scrutinized in light of the information received from stakeholders. Subsequently” market enquiries, as envisaged under sub-section (7) of Section 25 of the Customs Act, 1969. were conducted and examined in accordance with this Directorate’s Office Order No. 17-12014.

The Directorate examined the previous Valuation Ruling, available import data, market information and assessment trends of the subject goods. It was observed that the subject goods are imported in various types, sizes, designs, specifications and weights. Their values vary considerably depending upon the material of construction, wattage, technology, dimensions, intended use, quality and net weight of the unit/piece.

Market enquiries were therefore conducted to ascertain the prevailing prices of comparable goods in the local market. The information so gathered was examined with reference to the available import data, previous valuation record, assessment trends and other relevant valuation factors.

However, the computed value method could not be relied upon due to variations in the type, weight, quality and specifications of components used in different light fittings/fixtures and the non-availability of complete, credible and verifiable information regarding the exact bill of materials, fabrication and assembly costs, labour charges, manufacturing overheads, packing expenses, profit and other associated costs incurred in the country of export’ Consequently’ the customs values of the subject goods have been determined under sub-section (9) of Section of the Customs Act, 1969. read with sub-section (7) thereof and Rule 121(2) of the Customs s. 2001 , by applying reasonable flexibility to the deductive value method in conformity with the aims and provisions of Section 25 of the Customs Act, 1969.

Copyright Business Recorder, 2026