Reference values of HP, Cannon printers notified

KARACHI: The Directorate General of Customs Valuation is actively developing database values and issuance of reference values of importable items have started yielding results.

Director General Customs Valuation Syed Tanveer Ahmed devised a plan to streamline values of importable values to check under-invoicing, which is not only causing revenue loss to the exchequer, but it also has deprived the local manufacturing of level playing field.

Directorate General of Customs Valuation has initiated an exercise to develop database values for different items wherein it has been observed that declarations are wide range and do not correctly reflect values of the items as traded in the international market.

The reference values under PCT 8443 of HP Printer Laser Jet Pro 100 MFP M127FN Model No.CZ181A of all origins are fixed at $153/pc; HP Printer Laser Jet Pro M706N Model No.B6S02A of all origins are fixed at $786/pc; HP Printer 80A Black Laser Jet Model No.CF280A of all origins are fixed at $89/pc; HP Printer Laser Jet Pro 100 MFP M125A Model No.CZ172A of all origins are fixed at $123/pc.

The reference values under PCT 8443 of Cannon Printer Model G-1000 are notified at $100/pc, of Cannon Printer Model G-2000 at $120/pc and Canon Printer Model G-3000 at $140/pc.

The reference values under PCT 6406.2090 of PU soles for shoes of China are notified at $1.95/kg.

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