ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has revised the customs values of Ethylene Vinyl Acetate (EVA) sheets imported from China, which are widely used in the footwear, sports, gym flooring, and other industries.
The directorate issued a new Valuation Ruling 2127 of 2026 on Tuesday. The customs values of EVA Sheet were previously determined vide Valuation Ruling No761-l-2015. Since considerable time has elapsed and the existing Valuation Ruling was more than ten years old, it was considered necessary to review the determined customs values in the light of prevailing international prices, current import trends and other relevant factors.
Accordingly, the Directorate initiated a fresh exercise for the re-determination of the customs values of the subject goods covered under the aforesaid Valuation Ruling. Meeting notices were issued to all relevant stakeholders, affording them an opportunity to present their viewpoints and submit relevant documentary evidence in support of their claims.
During the meeting, the stakeholders/importers contended that the determined customs values are lower than the prevailing international prices, whereas their declared values are higher than the determined customs values and are in line with the current international market prices. They, therefore, requested that the customs values of the subject goods be re-determined on the basis of the prevailing import data for the last ninety days and current international price trends.
Accordingly, they were advised to furnish the relevant supporting documents, including invoices, contracts, price lists, and other verifiable evidence for consideration during the re-determination exercise.
Copyright Business Recorder, 2026