Directorate General Customs Valuation (DGCV) has revised the customs values of self adhesive sticker paper under section 25(7) of the Customs Act, 1969. The customs values of self adhesive sticker paper were earlier determined under section 25A of the Customs Act, 1969, vide Valuation Ruling no.568 in 2013.
For revision of customs value of the subject goods, the meetings with stakeholders were held in May and September, 2018. During the meeting, the importers submitted that self adhesive sticker paper vary due to brand, origin and specification however, despite lapse of considerable time, they did not submit any evidences in support of their contentions.
Furthermore, some importers cited that some unscrupulous importers declared less weight of rims of sticker paper, the weight of self adhesive paper was calculated as a packet equals 100 sheets weighing 6.2 -6.4 kg and five packets comprise in one rim (500 sheets (31-32 kg)
Later, the valuation methods given in section 25 of the Customs Act, 1969 were followed to arrive at customs values of self adhesive sticker paper. The transaction value method provided in section 25 (1) was found inapplicable because the requisite information was not available. The similar goods value methods provided in section 25(5) & (6) were examined for applicability to the valuation issue in the instant case which provided some reference values of the subject goods but the same could not be exclusively relied on.
Thereafter, market enquiries as envisaged under section 25(7) of the Customs Act, 1969, were conducted. The self adhesive sticker paper of some specifications was not readily available in the market; therefore, different markets were surveyed repeatedly.
The online values of subject goods were also obtained. All gathered information was evaluated and analysed for the purpose of determination of customs values. Consequently, the customs values of self adhesive sticker paper have been determined under section 25(7) of the Customs Act, 1969.
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