Diesel engines for generators from US, Europe: New customs values set to check under-invoicing

ISLAMABAD: The Directorate General of Customs Valuation Karachi has introduced customs values on the import of diesel engines for generators from USA, Europe and all other origins to check under-invoicing of these goods.

In this regard, the directorate has issued a valuation ruling number 2088 of 2026 on Wednesday.

The new ruling revealed that the Customs Values (C&F) would be charged in US dollars per kVA/KG (Whichever is higher).

A representation from Imperial Electric Company (Pvt) Ltd (IEC) has been received in this office requesting determination of the customs values of Diesel Engines for Generators, as currently there is no VR of subject goods and there are concerns regarding under-invoicing of subject goods. Therefore, a preliminary analysis of import data, including declared values, assessed values, and prevailing market prices, was conducted to determine the 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 of 2014.

Consequently, customs values of Diesel Engine for Generators have been determined under Section 25(7) of the Customs Act, 1969, the ruling added.

Copyright Business Recorder, 2026