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Home / Karachi / DG Valuation revises customs values of ginger, garlic vide VR No 1197/2017
DG Valuation revises customs values of ginger, garlic vide VR No 1197/2017

DG Valuation revises customs values of ginger, garlic vide VR No 1197/2017

KARACHI: The Directorate General of Customs Valuation has revised the customs values of ginger and garlic vide Valuation Ruling No 1197/2017 under Section 25-A of the Customs Act, 1969.

According to the details, the customs values of ginger and garlic from different origins were determined vide Valuation Ruling No. 822/2016 dated 22.03.2016 and Ruling No. 824/2016 dated 31.03.2016. All Pakistan Fresh Ginger and Garlic Importers and Wholesalers Association and some other importers filed requests for the re-determination of the previous ruling since the same was more than one year old. It was deemed expedient to re-determine values of ginger and garlic in line with the international price trends. Hence, an exercise was initiated by this Directorate General to re-determine the customs values afresh. 3. Stakeholders’ participation in determination of Customs values: A meeting was scheduled on 18-07-2017 with stakeholders and importers of subject goods which was attended by representatives of clearance Collectorate also. All stakeholders were requested to submit invoices of imports during last three months showing factual value.

Website names and e-mail addresses of foreign suppliers of the item in question through which the actual current value can be ascertained.  Copies of contracts made/LCs opened during the last three months showing the value of item in question.  Copies of sales tax invoices issued during last four months showing the differences in price (excluding duty and taxes) to substantiate that the benefit of difference in price is passed on to the local buyers.

The importers / stakeholders and All Pakistan Fresh Ginger and Garlic Association contended that the prices of garlic had seen a decline whereas that of ginger had risen in the international market.

Method adopted to determine Customs values: Valuation methods provided in Section 25 of the Customs Act, 1969 were duly followed and applied sequentially to address , valuation issue at hand.