ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has fixed new customs values for milk preparation for infants imported from Europe, Australia, New Zealand, the Far East, Saudi Arabia, and all other origins.
To implement new values, the directorate has issued a valuation ruling number 2060 of 2026 on Wednesday.
The new customs values would be applied to the import of milk preparation for infant use, infant formula, follow-up formula, grown-up formula in tin packing, as well as soft packing, and milk preparation for infant use(lactose-free formula) and milk preparation for infant use(premature formula).
According to the ruling, the customs values for milk preparation for infant were previously determined and notified through Valuation Ruling No. 177l/2023 dated18.04.2023. However, since the existing ruling is now over three years old, the Directorate deemed it necessary to initiate a fresh exercise for the redetermination of customs values for the items covered under the said valuation. In this regard, a meeting notice was issued to allrelevant stakeholders, and extensive discussions and consultations were subsequently carried out to ensure their input and concerns were taken into account during the new valuation process.
During the meeting, stakeholders contended that presently the international prices of subject goods have increased; therefore, the customs values shall be re-determined in accordance with international and transaction values. In support of their contentions, the stakeholders submitted relevant documents for consideration by the Directorate.
The viewpoints of the stakeholders were thoroughly analyzed and a detailed examination of import data for the last ninety days, ie, Jan to March, 2026, as well as documents provided by the stakeholders, was conducted in conjunction with a review of the documentary evidence submitted by the stakeholders.
Copyright Business Recorder, 2026
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