Customs values of textile coated fabric determined

KARACHI: The Directorate General of Customs Valuation has determined the Customs values of textile coated fabric, textile PVC coated fabric and textile PU coated Fabric vide Valuation Ruling No.662/2014.
A reference was received from MCC Appraisement-West, Karachi regarding under-invoicing in import of textile coated fabrics. Hence, an exercise to determine the Customs values of textile coated fabric, PVC coated fabric and PU coated fabric was initiated.
Valuation methods given in Section 25 of the Customs Act, 1969 were followed. Transaction value method in terms of Sub-Section (I) of Section 25 was found inapplicable because information required as per law was not available. Identical / Similar Goods Value methods provided in Sub-Sections (5) & (6) of Section 25 ibid were examined but not found valid due to variable and unreliable values. Consequently market enquiry in terms of Sub-Section (7) of Section 25 of the Customs Act,l969 was conducted and findings of market enquiry were adopted to determine Customs values for Textile Coated Fabric, Textile PVC Coated Fabrics and Textile PU Coated Fabrics.
At different times meetings with different stakeholders were held to get adequate feedback on the issues. There proposed values as well as the specifications and qualities of samples of different types of coated textile fabrics varied considerably.
The PVC coated fabric of China origin under PCT 5903 would now be assessed for duty and taxes at $1.75 per KG; PU coated fabric of China at $3.0 per KG and other coated fabric of China would be assessed for duty and taxes at $2.6 per KG.

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