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Home / Author Archives: Waqar Ahmed Ansari

Author Archives: Waqar Ahmed Ansari

DG Valuation revises customs values of air conditioners vide VR No. 1053/2017

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KARACHI: The Directorate General of Customs Valuation has revised the customs value of air conditioners through Valuation Ruling No 1053/2017 under Section 25A of the Customs Act, 1969. According to details, Customs values of split type air conditioners were determined under Section 25A of the Customs Act, 1969, vide Valuation Ruling No.840/2016, dated 21-04-2016. Also reference values of portable air ... Read More »

DG Valuation revises customs value of caustic soda flakes

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KARACHI: The Directorate General of Customs Valuation revised the customs value of caustic soda flakes through Valuation Ruling No 1052/2017 under Section 25A of the Customs Act, 1969. According to details, the custom values of the caustic soda flakes were earlier determined vide Valuation Ruling No 852/2016 dated 16.05.2016. There were several representations from different traders and trade bodies i.e. ... Read More »

DG Valuation revises customs value of vehicles above 1800 CC

DG Valuation revises customs value of vehicles above 1800 CC

KARACHI: The Directorate General of Customs Valuation revised the customs value of vehicles above 1800 CC, Japan origin through Valuation Ruling No: 1051/2017 under Section 25A of the Customs Act, 1969. According to details, the Custom Values of vehicles above 1800 CC, Japan origin model 2009 to 2013 were determined under section 25-A of the Customs Act, 1969, vide Valuation ... Read More »

Container operations at Karachi port slow down due to closing of Pak-Afghan border

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KARACHI: Customs officials at Karachi sea port adopted go-slow policy due to closing of Pak-Afghan border. According to details, on the account of Pak-Afghan trade, around 3,000 containers pass through the port per month. Customs officials said that this is a huge quantity and looking after them at the border is difficult for the department. So the operation at the ... Read More »

DG Customs Valuation issues reference values for cloth hangers

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KARACHI: Directorate General of Customs Valuation has issued the reference values for cloth hangers made of PVC. According to the details, Directorate General Customs Valuation has initiated an exercise to develop database values for different items wherein it has been observed that declarations are of wide range and do not correctly reflect values of the items as traded in the ... Read More »

DG Valuation revises customs values of butter vide Valuation Ruling No. 1050/2017

Syed-Tanveer-Ahmad

KARACHI: The Directorate General of Customs Valuation has revised the customs value of butter (derived from milk/dairy) through Valuation Ruling No 1050/2017 under Section 25-A of the Customs Act. 1969. According to details, Directorate General had earlier conducted an audit of the clearance values of imported butter and in comparison with international trading prices and the local market selling prices, ... Read More »

DG Valuation revises customs values of polyester filament yarn

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KARACHI: The Directorate General of Customs Valuation has revised the customs value of polyester filament yarn through Valuation Ruling No 1049/2017 under Section 25-A of the Customs Act, 1969.\ According to details, it was observed from import data that international trading prices of polyester filament yarn were on the higher side as compared with the prices of old valuation ruling ... Read More »

PCA serves audit observations on M/s Colgate for alleged revenue evasion of Rs 98.67m

tax evasion

KARACHI: The Directorate of Post Clearance Audit Karachi has served the audit observations on M/s Colgate Palmolive Pakistan Limited underlining the evasion of revenue of Rs 98.67million on the import of certain consignments of toothbrushes. During the scrutiny of import data related to the imports of tooth brushes under the PCT 9603.2100, it has been found that M/s Colgate-Palmolive (Pakistan) ... Read More »

Customs Appellate Tribunal disposes of petition filed by 13 importers against Order in Revision

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KARACHI: A bench of the Customs Appellate Tribunal comprising Nadeem Qureshi, Member Judicial and Muhammad Nazim Saleem, has disposed of appeals filed by 13 importers to set aside Order in Revision passed by the Director General Valuation and directed the customs to re-assess the values of imported buckram. The appeals were filed by M/s Carewell Traders, M/s Dawn Trading Company, ... Read More »

Customs to launch Export Oriented Unit in WeBOC from Feb 28

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KARACHI: Directorate of Reforms and Automation (Customs) has deployed the Export Oriented Unit (EOU) module in WeBOC system. Training sessions in this regard have already been held for the staff of Export Collectorates and exporters and customs agents. According to the details, this module will be rolled out for operation and implementation from February 28, 2017. New EOU licenses are ... Read More »

Quetta Customs impounds smuggled goods, vehicles valued millions of rupees

Quetta Customs impounds smuggled goods vehicles valued millions of rupees copy

KARACHI: The Directorate of Customs Intelligence Quetta has impounded smuggled goods, vehicles and narcotics in several actions. On the directions of Director General Shaukat Ali, Director Quetta Irfan-ur-Rehman Khan formed a team headed by Deputy Director Inamullah Wazir. The team took possession of smuggled vehicles Toyota Mark-X, Toyota Fielder, trucks and oil tankers. Moreover, about 260000 liters smuggled diesel, 700 ... Read More »

Customs Valuation revises values of wallpapers

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KARACHI: The Directorate General of Customs Valuation has revised the Customs values of wallpapers through Valuation Ruling No 1048/2017 under Section 25A of the Customs Act, 1969.According to details, The Customs values of wallpapers were determined vide Valuation Ruling No.680/2014 dated 26-08-2014. The Valuation Ruling was more than two years old and needed to be revised in line of current ... Read More »

DG Valuation revises customs value of various spices, nutmeg

DG Valuation revises customs value of various spices, nutmeg

KARACHI: The Directorate General of Customs Valuation revised the customs value of various spices and nutmeg through Valuation Ruling No 1047/2017 under Section 25A of the Customs Act, 1969. According to details, the Directorate General earlier circulated reference value slabs vide National Valuation Database letters No: 19 dated 27-07-2016 for cloves, No: 22 dated 29-07-2016 for big cardamom, No: 23 ... Read More »

Customs Valuation revises value of lawn tennis balls

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KARACHI: The Directorate General of Customs Valuation has revised Customs value of lawn tennis balls through Valuation Ruling No 1046/2017 under Section 25A of the Customs Act, 1969. According to details, the directorate general has earlier circulated reference customs values of Lawn Tennis Balls Vide Valuation Data Base Letter No.81/2016, dated 18-11-2016. Some importers approached the directorate general and requested ... Read More »

Gawadar Customs recovers 12kg charas worth Rs1m, nab 2 accused

Gawadar Customs recovers 12kg charas worth Rs1m, nab 2 accused

KARACHI: The Gawadar Customs foiled an attempt to smuggle fine quality charas weighing 12 kilogram, worth Rs1 million and arrested 2 accused in an operation. According to details, Collector Gawadar Customs Saeed Akram received a tip-off about transportation of narcotics in a car from Khar, Gawadar to Karachi. Saeed immediately constituted a special team of the Customs Anti Smuggling Organization ... Read More »

DG Valuation revises customs value of coaxial cables

DG Valuation revises customs value of coaxial cables

KARACHI: The Directorate General of Customs Valuation revised the customs value of coaxial cables through Valuation Ruling No 1045/2017 under Section 25A of the Customs Act, 1969. According to details, customs values of Coaxial Cables were determined under Section 25A of the Customs Act, 1969, vide Valuation Ruling No.243/2010, dated 05-04-2010. The Valuation Ruling required revision in line with the ... Read More »

DG Valuation Tanveer Ahmed amends Valuation Ruling No. 992/2016

Syed-Tanveer-Ahmad

KARACHI: Director General Customs Valuation Syed Tanveer Ahmed has reduced the customs values of tarpaulin cum PVC material inflatable toys and amended the Valuation Ruling No.992/2016 accordingly. According to the details, M/s Toy Center and M/s Ahmed International approached the Director General agitating against the customs values of tarpaulin/PVC inflatable toys determined vide Valuation Ruling No.992/2016. Rana Zahid Hussain, on ... Read More »

DG Valuation revises customs values of multi head embroidery machines

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KARACHI: The Directorate General of Customs Valuation has revised the customs value of multi head embroidery machines through Valuation Ruling No 1043/2017under Section 25A of the Customs Act, 1969. According to details, customs values of multi head embroidery machines were determined under Section 25A of the Customs Act, 1969 vide Valuation Ruling No.552/2013, dated 30-04-2013. The valuation ruling required revision ... Read More »

DG Valuation revises customs value of children chocolates

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KARACHI: The Directorate General of Customs Valuation revised the customs value of children chocolates Valuation Ruling No: 1042/2017 under Section 25A of the Customs Act, 1969. According to details, customs values of chocolate were earlier determined and notified vide Valuation Ruling No: 636/2014, dated 29th January, 2014. A number of representations from importers were received stating that changes had occurred ... Read More »

DG Valuation issues reference values of plastic road safety products

Syed-Tanveer-Ahmad

KARACHI: Directorate General of Customs Valuation has issued the reference values of road safety products made of plastic (plastic cat eye, reflector, safety cone, warning signals),etc. This Directorate General has initiated an exercise to develop database values for different items wherein it has been observed that declarations are of wide range and do not correctly reflect values of the items ... Read More »