ISLAMABAD: Directorate General of Customs Valuation Karachi has fixed new customs values on the import of titanium dioxide from China.
According to a new valuation ruling issued on Thursday, a representation was received alleging that consignments of titanium dioxide are being cleared at values lower than the prevailing international market prices, resulting in disparities in customs assessments and a lack of uniformity in the valuationof the subject goods. In order to address these concerns, ensure uniformity in assessment, and safeguard government revenue, the Directorate decided to undertake a fresh valuation exercise.
Accordingly, an exercise for determination of customs values of titanium dioxide was initiated under Section 254 of the Customs Act, 1969. In this regard, a stakeholders’ meeting was held on 28.10.2026. wherein the relevant stakeholders were invited to present their views, proposals, and supporting documentary evidence regarding the prevailing international prices of the subject goods, with a view to ensuring fair, transparent, and realistic determination of customs values in accordance with the provisions of the Customs Act, 1969.
During the meeting, the stakeholders submitted that certain consignments of the subject goods had been cleared at comparatively lower declared values, which did not reflect the prevailing international market prices. They contended that such discrepancies during assessment had created distortions in the local market and resulted in a lack of uniformity in customs valuation.
The stakeholders emphasized the need for a fair, transparent and uniform determination of customs values in accordance with prevailing international market trends, supported by import data, verifiable international price publications and relevant documentary evidence.
They further stressed that such determination shall eliminate valuation disparities, ensure consistency in assessment, discourage under-invoicing and misdeclaration and safeguard government revenue.
Taking into account the points raised by the stakeholders, the import data of the preceding ninety days, along within formation obtained from available international price sources, was thoroughly scrutinized.
The technical specifications, types, grades and applications of the subject goods were also examined. Scrutiny of the available record revealed that the subject goods were being imported into Pakistan in different grades, with corresponding variations in their prices.
These distinctions were duly taken into consideration to ensure a fair and appropriate comparison of values, taking into account the nature, quality, specifications and intended use of the goods.
Furthermore, during the stakeholders’ meeting, the participants emphasized the need for determination of fair and reasonable customs values in accordance with prevailing international market trends and verifiable import data.
They proposed that the Directorate determine customs values on a type-wise, specification-wise and grade-wise basis, wherever applicable, to eliminate assessment disparities, ensure uniformity and transparency, provide a level playing field to all relevant stakeholders and safeguard government revenue.
Accordingly, the available information and stakeholders’ submissions were taken into consideration for determination of customs values of the subject goods under Section 25A of the Customs Act. 1969.
Copyright Business Recorder, 2026
Comments