ISLAMABAD: The Directorate General of Customs Valuation Karachi has fixed new customs values on the import of 11 types of aroma/aromatic chemicals, used in perfumes and cosmetics, from China for assessment of duties and taxes.
A new valuation ruling (2029 of 2025) revealed that the revised customs values would be applicable on the import of Citronellol;Coumarin; Dihydro Myrcenol; Eugenol; Geraniol; Linalool; Musk Ambrette; Sandela; Eucalyptus Oil; Peppermint Oil and Vanillin.
The Clearance Collectorates shall ensure accurate declaration and verification of CAS Numbers, chemical identity, and specifications to avoid misclassification or mis assessment under this Valuation Ruling.
Several representations were received from the importer, M/s Franscent (Pvt) Ltd., contending that the subject goods were being under-invoiced and requesting determination of customs values under Section 25A of the Customs Act, 1969. The concerns raised were duly examined, and scrutiny of the import data revealed significant variations between the declared and the assessed values of the subject items. In view of these discrepancies, proceedings for determination of customs values under Section 25A of the Customs Act, 1969 were accordingly initiated.
Copyright Business Recorder, 2025
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