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Home / Author Archives: Waqar Ahmed Ansari

Author Archives: Waqar Ahmed Ansari

DG Valuation revises customs values of baby diapers, sanitary towels

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KARACHI: The Directorate General of Customs Valuation has revised the customs values of baby diapers and sanitary towels/ napkins and tampons  vide Valuation Ruling No 1169/2017 under Section 25-A of the Customs Act, 1969. The Customs values of baby diapers and sanitary towels/napkins were earlier determined vide Valuation Ruling No.870/2016, dated 14-06-2015. The customs values were determined by the Director ... Read More »

RTO-I recovers Rs 34,548m during first 20 days of May

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ISLAMABAD: The Regional Tax Office-I (RTO-I) has recovered an amount of Rs 34,568 million during first twenty days of May. Sources told Customs Today that RTO-I recovered Rs 31,345 million under the head of income tax, while Rs 2783 million were recovered as sales tax. Sources said that Rs 440 million were collected under the head of federal excise duty ... Read More »

DG Valuation revises customs values of ice cream vide VR No 1167/2017

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KARACHI: The Directorate General of Customs Valuation has revised the customs values of ice cream vide Valuation Ruling No 1167/2017 under Section 25-A of the Customs Act, 1969. The customs values of ice cream were circulated vide VDB letter No. 234/2017 dated 03-03-2017. It was deemed expedient to issue a Valuation Ruling hence an exercise was conducted to determine customs ... Read More »

DG Valuation issues revised customs values of printed circuit boards

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KARACHI: The Directorate General of Customs Valuation has revised the customs values of printed circuit boards through Valuation Ruling No 1168/2017 under Section 25A of the Customs Act 1969. According to the details, the customs values of printed circuit boards were determined under Section 25A of the Customs Act, 1969, vide Valuation Ruling No.555/2013, dated 04-06-2013. The valuation ruling required ... Read More »

DG Valuation revises customs values of circuit breakers

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KARACHI: The Directorate General of Customs Valuation has revised the customs values of circuit breakers by issuing Valuation Ruling No 1166/2017 under Section 25-A of the Customs Act 1969. Background of the valuation issue: Customs values of Circuit Breakers were determined under Section 25A of the Customs Act 1969 vide Valuation Ruling No.994/2016, dated 14-12-2016. Some representations were received for ... Read More »

DG Valuation revises customs values of switches, sockets vide VR No 1165/2017

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KARACHI: The Directorate General of Customs Valuation has revised the customs values of switches and sockets vide Valuation Ruling No 1165/2017 under Section 25-A of the Customs Act, 1969. Customs values of switches and sockets were determined under Section 25-A of the Customs Act, 1969, vide Valuation Ruling No.993/2016, dated 14-12-2016. Some representations were received for revision of valuation ruling ... Read More »

PCA recovers evaded amount from Pakistan Int’l Bulk Containers Terminal

Gul Rehman

KARACHI: Directorate General of Post Clearance Audit (PCA) recovered Rs 1.5 million from Pakistan International Bulk Containers Terminal. Sources told Customs Today that Director General Customs Post Clearance Audit Gul Rehman directed Deputy Director Iqbal Ahmed to scrutinize the clearance documents of Pakistan International Bulk Containers Terminal. During scrutiny of the documents, it was revealed that Pakistan International Bulk Containers ... Read More »

DG Valuation rejects revision petition of M/s Grace Chemicals

DG Valuation

KARACHI: Director General of Customs Valuation has issued Order in Revision No 340/2017 under section 25-D of the Customs Act, 1969 against Valuation Ruling No 1023/2017 dated 30-01-2017. The revision petition was filed by M/s Grace Chemicals. The petitioner had challenged the prices of the butyl acetate and ethyl acetate, saying the prices are on very higher side in the ... Read More »

Authorities detect cases of mis-declarations on advice of Port Qasim Collector Saeed Akram

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KARACHI: Collector Port Qasim Saeed Akram has directed Additional Collectors Khalil Yousfani and Yaseen Murtaza to keep strict vigilance to check mis-declaration and under-invoicing. Deputy Collectors Amjad Rajpar and Mohammad Adnan are advised to examine consignments prone to under-invoicing and mis-declaration. Sources told Customs Today that as a result of this synergized practice, R&D Port Qasim Deputy Collector Ahsanullah Shah, ... Read More »

DG Valuation revises customs values of Potato Frozen French Fries

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KARACHI: The Directorate General of Customs Valuation has revised the customs value of Potato Frozen French Fries Valuation Ruling No 1164/2017 under Section 25-A of the Customs Act, 1969.According to details. Customs Values of various types of Potato Frozen French Fries from different origins were determined vide Valuation Ruling No. 976/2016 dated 24.11.2016 Some importers filed applications before the Director ... Read More »

DG Valuation revises customs values of oil filer & air filter of Denso brand

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KARACHI: The Directorate General of Customs Valuation has revised the customs values of automotive oil filter and air filter Denso brand (genuine parts) through Valuation Ruling No 1163/2017 under Section 25A of the Customs Act, 1969. According to details, a representation was received from M/s Indus Motors that oil filter and air filer of Denso brand (genuine parts) are being ... Read More »

Chief Collector Enforcement Manzoor Memon tells collectors to take stern action against smugglers

Manzoor Memon

KARACHI: Chief Collector Enforcement Manzoor Memon has directed all customs collectors and deputy collectors to take stern action against smugglers. He has also directed them to be vigilant during the holy month of Ramazan. Sources told Customs Today that Chief Collector Enforcement Manzoor Memon has expedited efforts against the movement of smuggled goods ahead of Ramadan as influx of smuggled ... Read More »

DG Valuation revises customs values of biscuits vide VR No 1162/2017

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KARACHI: The Directorate General of Customs Valuation has revised the customs values of biscuits Valuation Ruling No 1162/2017 under Section 25-A of the Customs Act 1969. According to the details, customs values of various types of Biscuits from different origins were determined vide Valuation Ruling No. 838/2016 dated 20.04.2016 and those of Danish Cookies were circulated vide VDB No.57/2016 dated ... Read More »

DG Valuation revises customs values of shade net vide VR No 1160/2017

DG Valuation

KARACHI: The Directorate General of Customs Valuation has revised the customs values of shade net (HDPE) Valuation Ruling No 1160/2017 under Section 25A of the Customs Act, 1969. Local manufacturer of shade net (HDPE) M/s. Kolachee International vide their letter dated 28-03-2017 lodged a complaint of under invoicing regarding import of shade net (HDPE) H.S code 5608.1900 and requested for ... Read More »

DG Valuation issues customs values of spun yarn vide Valuation Ruling No 1161/2017

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KARACHI: The Directorate General of Customs Valuation has revised the customs values of polyester spun yarn, viscose spun yarn, acrylics spun yarn and their blends vide Valuation Ruling No 1161/2017 under Section 25A of the Customs Act, 1969. In exercise of powers conferred under Section 25-A of Customs Act, 1969 the customs values of various counts of polyester spun yarn, ... Read More »

DG Valuation revises customs values of vinyl acetate monomer, oxalic acid and potassium chlorate

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KARACHI: The Directorate General of Customs Valuation has revised the customs values of vinyl acetate monomer, oxalic acid and potassium chlorate vide Valuation Ruling No 1159/2017 under Section 25-A of the Customs Act, 1969. According to details, the customs values of vinyl acetate monomer, oxalic acid and potassium chlorate were earlier determined vide VDB No.67/2016 dated, 21-10-2016, No.131/2016 dated, 20-12-2016 ... Read More »

Quetta Customs seizes huge quantity of narcotics, plastic granules

Quetta Customs seizes huge quantity of narcotics plastic granules copy

QUETTA: Directorate General of Customs Intelligence and Investigations during its crackdown against smugglers seized huge quantity of narcotics and plastic granules. The customs team also recovered non customs paid moulding machine. Sources told Customs Today that Deputy Collector Customs Preventive Junaid Mehmood received credible information that some smugglers are trying to smuggle huge quantity of narcotics under the cover of ... Read More »

DG Valuation revises customs values of LED rice lights, vide VR No. 1158/2017

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KARACHI: The Directorate General of Customs Valuation has revised the customs value of LED rice lights/ festival decoration lights vide Valuation Ruling No 1158/2017 under Section 25A of the Customs Act, 1969. According to the details, the Customs values of LED Christmas /rice/festival decoration lights, imported in different colors were determined under Section 25-A of the Customs Act 1969 vide ... Read More »

DG Valuation issues Valuation Ruling No. 1156/2017

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KARACHI: The Directorate General of Customs Valuation has revised the customs values of chemicals iso-prosvl alcohol, n-propanol, cvclohexanone, ethoxylated nonyl phenol, iso-butanol, n-butanol and phenol by issuing Valuation Ruling No 1156/2017 under Section 25A of the Customs Act, 1969. The custom values of the subject chemicals were determined vide Valuation Ruling No 920/2016 dated 29.8.2016. Since Customs values of items ... Read More »

DG Valuation revises customs value of methanol vide VR No. 1157/2017

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KARACHI: The Directorate General of Customs Valuation has revised the customs values of methanol through Valuation Ruling No 1157/2017 under Section 25A of the Customs Act, 1969. The item methanol is selected to determine the customs values under Section 25A of the Customs Act 1969 due to wide variation in declared and assessed values. The Customs values are determined for ... Read More »