China, Qatar and Taiwan: Customs values for CPW revised

ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new customs values on the import of chlorinated paraffin wax (CPW) from China, Qatar and Taiwan.

According to a valuation ruling issued by the directorate, representations from different stakeholders regarding determination of customs values of chlorinated paraffin wax was received with a request to revisit customs values of Chlorinated Paraffin Wax based on international market prices.

Therefore, an exercise was undertaker-r by this Directorate for the determination of customs values of subject goods under Section 25A of the Customs Act, 1969 and valuation ruling no. 2006/2025 was issued accordingly.

The said Valuation Ruling was challenged before the Director General of Customs Valuation by M/s Grit (Pvt.) Ltd. under Section 25D of the Customs Act 1969.The Director General vide Order-in-Revision rescinded the Valuation Ruling to the extent of the value of Chlorinated Paraffin Wax (Chlorine content 62 percent) of Qatar origin at Serial No. I of the impugned Ruling, with direction to this Directorate to undertake a fresh exercise in terms of Section 25A of the Customs Act 1969 by recourse to the valuation methodology prescribed in Section 25 of the Act to re-determine customs values of the goods.

Meetings were conducted under Section 25A of the Customs Act, 1969. Relevant stakeholders including local manufacturers and importers attended and their viewpoints were heard in detail.

Ninety (90) days’ import data was retrieved and thoroughly securitized.

It was observed that recent imports of the Wax (Chlorine content 62 percent) of Qatar origin ranged between USD 0.62 to USD 0.64 per Kg, with an average of approximately USD 0.63 per Kg. The importer M/s Grit (Pvt.) Ltd. was requested to furnish complete documentation including Export GD from the country of export, supplier’s production cost sheet, country specific conversion cost details and supporting financial documentation.

However, such information was not furnished despite opportunity. The Directorate also examined international price trends of major raw materials used in manufacturing of CPW.

It was observed that the international prices of Paraffin Oil have shown an upward trend during the relevant period, which materially impacts the intrinsic production cost of CPW.

Further, country specific cost of production data available in the public domain through the Final Determination Report issued by the National Tariff Commission (NTC) was examined for corroborative purposes.

The verified cost parameters contained therein provided by the supplier from the country of origin indicate a value level materially higher than certain declared import values observed in recent consignments.

Accordingly, after harmonising indicative computed value findings, prevailing international raw materials trends, and import data, the customs values of subject goods are determined, the directorate added.

Copyright Business Recorder, 2026