Director Customs Valuation ordered to revise customs values of razors

KARACHI: Director General Customs Valuation Suraiya Ahmed Butt has advised Director Customs Valuation Iqbal Muneeb to revisit the Valuation Ruling No. 1296/2018 removing the deficiencies, in accordance with law and also taking on board the regular major importers as well as the representatives of FPCCI and KCCI.

M/s Choice Asia International Company, M/s S.S Corporation agitated against Valuation Ruling No.1296/2018 that the department has not made the working/calculations properly while notifying the customs values of the disposal razor and razor parts. They also agitated against the price parity maintained between the disposable plastic razors from various regions.

The departmental representatives explained the valuation methodologies adopted by them to arrive at the Customs values determined vide the impugned ruling.

After detailed deliberation of the case, Director General Suraya Ahmed Butt advised Director Customs Valuation Iqbal Muneeb to revisit the Valuation Ruling No. 1296/2018 removing the deficiencies, in accordance with law and also taking on board the regular major importers as well as the representatives of FPCCI and KCCI.

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