Valuation of $2.35 per/KG fixed for disposable plastic articles, PP jelly cups

Karachi: The Directorate General of Customs Valuation through Valuation Ruling No. 597/2013has determined the values of Disposable Plastic Articles including PP Jelly Cups at the rate of (C&F) $2.35 per Kilogram for assessment and duty collection.
As per the valuation ruling the customs values are applicable under section 25-A of the customs Act, 1969 and goods under valuation included: Disposable Plastic with PCT Heading 3923.1000, boxes, cases with PCT Heading 3923.3010, containers, bowls, poly with PCT Heading 3923.090, propylene jelly cups and similar articles with PCT 3923.5000, 3923.9090, including plastic with PCT Heading 3924.1000, disposable household articles with PCT Heading 3924.9000 all will be assessed at the rate of (C&F) $2.35 per KG.
If the above mentioned items are in printed form then $0.1/Kg shall be added to customs value as rated above.
If declared values are higher than the Customs value then the assessing officer shall apply those values in terms of Sub -Section (1) of Section 25 of the Customs Act, 1969. In case of consignments imported by air and the differential between air freight and sea freight the assessing officer shall take into account while applying the customs values as determined in the valuation ruling.
In this regard, meetings were held with stakeholders, importers, local manufacturers and representatives of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to discuss the current international values of Disposable Plastic Article including PP Jelly Cups.
It is valid and applicable until it is revised by the competent authority in terms of Sub –Section (1) or (3) of Section 25 of the Customs Act, 1969.

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