ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has issued revised customs values of different kinds of dyes, including Reactive dyes, Acid Dyes, Acid leather Dyes, Direct Dyes, Disperse Dyes and Optical Brightening Agents.
A new ruling said that several representations were received from stakeholders for revision of customs values of said goods with a request to re-determine their Customs values in line with the prevailing international market trends. Accordingly, the Directorate initiated a fresh exercise for the determination of the customs values of the subject goods covered under the aforesaid Valuation Ruling. Meeting notices were issued to all relevant stakeholders, allowing them to present their viewpoints and submit relevant documentary evidence in support of their claims.
The stakeholders’ meetings were convened on the aforementioned dates, which were attended by the relevant stakeholders, including representatives of the Pakistan Chemicals & Dyes Merchants Association (PCDMA). During the meetings, the stakeholders acknowledged that the existing customs values have increased in the international market. The issues relating to the valuation of the subject goods were deliberated upon in detail. The participants also presented their viewpoints and submitted proposals regarding the re-determination of customs values, which were duly examined and taken into consideration during the valuation exercise.
The available data/information collected, such as proposals of PCDMA, sales contracts, and proforma invoices of the stakeholders were thoroughly scrutinized, and prevailing freight values were examined. Finally, the Customs values of the subject goods have been determined under Section 25(9) of the Customs Act, 1969, based on the most appropriate, reliable, and reasonably available information on record, the ruling added.
Copyright Business Recorder, 2026