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DG Valuation revises customs values of children’s garments

DG Valuation revises customs values of children’s garments

KARACHI: The Directorate General of Customs Valuation has revised the customs value of imported children (baby/baba) garments China, Vietnam, Indonesia, Thailand, Malaysia, UAE, Sri Lanka and other origins through Valuation Ruling No 1005/2017 under Section 25A of the Customs Act, 1969.

According to details, a number of representation were received from different importers regarding children’s (baby/baba) garments, stating that their imported children garments are not covered in the Order-In-Revision 239/2016 issued on August 31, 2016 which is causing hardship during examination and assessment stages. The importers of the children garments further contended for determination of fair value of these specific goods as per prevailing international prices. In the light of forgoing, an exercise was undertaken by this Directorate General to determine the fair values according to trends prevailing in the current international market.

The meeting for the determination of customs values of Garments with the stakeholders was conducted on 03.01,2017, wherein the matter was discussed in detail wherein the importers stated that the prices of all kinds of garments items have come down due to internationally reduced yarn prices. It was further contended that the subject children garment items are frequently being imported by the importers as an independent articles with slight variations of prices as per the different sizes. The representative of PRGMEA (Pakistan Readymade Garments Manufacturing Association) also attended the meeting and placed forth their point of view.

Furthermore, the importers submitted their import documents in support of their contention and requested to accept their transactional values.