ISLAMABAD: The Directorate General of Customs Valuation Karachi has fixed new customs values on the import of calcium carbide, an industrial chemical, used in the manufacturing of gases and other industrial products.
In this regard, the directorate has issued a valuation ruling number 2083 of 2026 for accurate assessment of duties and taxes.
The Customs values of Calcium Carbide were earlier determined under Section 25A of the Customs Act, 1969 vide Valuation Ruling No.1824-2023.
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The Valuation Ruling has remained in the field formations for considerable time and required review in view of prevailing international market prices, import trends, declared values and current valuation evidence.
Several representations were also received from different stakeholders regarding re-determination of Customs values of Calcium Carbide, wherein they requested that the Customs values of the subject goods may be reviewed in line with prevailing international prices, current import trends and market Calcium Carbide is an industrial chemical generally used in the manufacturing of
Acetylene gas and other industrial applications. Therefore, in order to align the Customs values of the subject goods with current international and import market trends, an exercise was initiated by this Directorate for fresh determination of Customs values under Section 25A of the Customs Act, 1969.
A meeting for determination of Customs values of Calcium Carbide was held which was attended by the relevant stakeholders.
The viewpoints of the participants were heard in detail and they were requested to submit relevant documents in support of their contentions.
Several representations received from the stakeholders were also examined. The stakeholders requested re-determination of Customs values of Calcium Carbide in view of prevailing international prices, current import trends and market conditions.
For the purpose of valuation, import data of Calcium Carbide was retrieved and examined. The data was scrutinized with reference to declared values, assessed values, origin, quantity, description and relevant time period.
The available record reflected variation in declared values with respect to different time periods; however, relevant comparable import data was available and the same was considered for determination of customs values. After considering the available import data, stakeholders’ submissions and other relevant information, the Customs values of Calcium Carbide have been determined accordingly, the directorate added.
After considering the available comparable import data, stakeholders’ submissions and other relevant information, the Customs values of Calcium Carbide have been determined under Section 25(6) of the Customs Act, 1969. 4. Customs Values for Calcium Carbide - hereinafter specified shall be assessed to duty/taxes at following customs values.
Copyright Business Recorder, 2026
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