ISLAMABAD: Directorate General Customs Valuation Karachi has fixed new customs values on the import of Aerosol Spray Paints from China and Thailand. The customs values have been revised on the import of “Aerosol Spray Paints” for accurate assessment of duties and taxes.
According to a valuation ruling number 2046 of 2026, representations from the importers were received for determination of customs values in accordance with prevailing international price trends of the subject goods, therefore, a preliminary analysis of import data, declared values, assessed values and market prices was undertaken for determination of customs values of the subject goods under section 25A of the Customs Act 1969.
Meeting for determination of customs values was held on the aforementioned date, 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.
Thereafter, market enquiry was conducted and examined. Finally, the Customs values of the subject goods have been determined under Section 25(7) of the Customs Act 1969, it added.
Comments