ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new customs values on the import of Vacuum Flasks/Water Bottles from China, Japan and USA.
The directorate has issued a valuation ruling 2034 of 2026 here on Tuesday.
Earlier, the Customs values of Vacuum Flasks were determined under section 25A of the Customs Act, 1969 vide Valuation Ruling No.864/2016. The existing valuation ruling is more than eight years old and the Customs values determined therein are not reflective of prevailing international market prices. Therefore, exercise has been undertaken by this Directorate to determine the same.
Stakeholders’ participation in determination of Customs values: Meeting with relevant stakeholders was convened on 3l-12-2025 during which issues pertaining to the valuation of the subject goods were deliberated upon in detail.
The viewpoints of all stakeholders were examined in detail for the purpose of determining customs values under Section 25A of the Customs Act, 1969. They were accordingly requested to submit relevant import documents in support of their respective positions. For the determination of customs values, the available import data was retrieved and thoroughly scrutinized.
The valuation methods specified in Section 25 of the Customs Act, 1969, were duly applied in sequential order to arrive at the Customs values of subject goods. The transaction value method as provided in sub-section (l) of Section 25 of the Customs Act, 1969, was found inapplicable due to absence of information as required under sub-section (2) of Section 25 of Customs Act, 1969. Therefore, identical and similar values methods provided under Section 25(5) & 25(6) of the Customs Act, 1969 respectively were considered for determination of the values. However, these valuation methods could not be applied as the data showed vide variation in values / prices from same origins for same type of items casting doubts on their authenticity.
The ruling disclosed that market inquiry as envisaged under Sub-Section (7) of Section 25 of the Customs Act, 1969 was also conducted but could only yield results to some extent because of variations in market prices.
n line with statutory sequential order of section 25, Computed value method, as provided in Section 25(8) of the Customs Act, 1969 was examined, but the same also could not be applied as the conversion cost from the constituent materials and allied expenses, in the country of export were not available for manufacturing of Vacuum Flasks / Water. Finally, the Customs values of the subject goods have been determined under Section 25(9), read with Section 25(7) of the Customs Act, 1969.
Customs values of Vacuum Flasks: Vacuum Flasks / Water bottle shall be assessed to duty / taxes at the Customs values.
The viewpoints of all stakeholders were examined in detail for the purpose of determining customs values under Section 25A of the Customs Act, 1969. They were accordingly requested to submit relevant import documents in support of their respective positions. For the determination of customs values, the available import data was retrieved and thoroughly scrutinized.
The valuation methods specified in Section 25 of the Customs Act, 1969, were duly applied in sequential order to arrive at the Customs values of subject goods. The transaction value method as provided in sub-section (l) of Section 25 of the Customs Act, 1969, was found inapplicable due to absence of information as required under sub-section (2) of Section 25 of Customs Act, 1969. Therefore, identical and similar values methods provided under section 25 (5) & 25 (6) of the Customs Act, 1969 respectively were considered for determination of the values. However, these valuation methods could not be applied as the data showed vide variation in values / prices from same origins for same type of items casting doubts on their authenticity.
Copyright Business Recorder, 2026
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