ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has revised customs values of over 100 different types/sizes of tyres & tubes imported from Japan, ASEAN Countries, including Vietnam and Thailand, and China.
According to valuation ruling number 2086 of 2026 issued by the directorate, the Customs values of Tyres & Tubes (Passenger Cars) of different types were determined under Section 25A of the Customs Act, 1969 vide Valuation Ruling No. 1958/2025, which was challenged before the Director General.
The Director General, through Order-in-Revision No. 30/2025 dated April 17, 2025, remanded the matter to this Directorate for a fresh determination of customs values under Section 25A of the Customs Act, 1969.
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The remand was specifically directed toward a re-examination of the issues concerning origins and international price trends, requiring the directorate to conduct a new valuation exercise in light of observations made in the said order.
Accordingly, the Directorate initiated an exercise for the determination of customs values of the items covered under the said valuation. A meeting notice to the relevant stakeholders was issued, and extensive discussion and consultation were carried out with the stakeholders.
During the meeting, M/s. Pakistan Tyres Importers and Dealers Association (PTIDA) contended that determined customs values are higher than prevailing international prices. They stated that Thai-origin tyres are priced similarly to Vietnamese-origin tyres and requested a revision of the valuation accordingly.
The international prices are much lower; however, they also support the local industry, therefore, the determined value shall be in accordance with the international trend to give a level playing field to all stakeholders. They emphasised that valuation shall be based on proper market inquiry under the Customs Act, 1969, maintained that their declared values align with recent import trends without signs of under-invoicing, and requested exclusion of irrelevant or non-imported tyre sizes from the valuation ruling to prevent misapplication.
The representative of the local manufacturer argued that the determined value is fair; therefore, the determined customs values shall be maintained. They also suggested that the market inquiry is not an accurate method for determining the customs value of tyres because smuggled tyres are also present in the market; therefore, it shall be based on the actual price of exported countries.
The viewpoints of all stakeholders were carefully analysed, and a detailed examination of import data for the preceding ninety (90) days was conducted in conjunction with a review of the documentary evidence submitted by both the importers and local manufacturers. This comprehensive assessment facilitated the development of a supplier-wise database, incorporating transaction values along with detailed specifications of the goods imported into Pakistan.
Copyright Business Recorder, 2026