Valuation for baby diapers fixed up to $2.70/kg

KARACHI: Pakistan Customs has revised the valuation on import of baby diapers up to $2.70 per kilogram because previous customs values failed to reflect the current prices of the international market.
The Directorate General of Customs Valuation on Tuesday issued the Valuation Ruling No. 660/2014 for the determination of customs values for baby diapers including high value brands and low value brands for the collection of duty and taxes.
The high value brands of baby diapers are included: EQ; canbebe; huggies; etc (excluding pampers brand) and the low value brands are rose; winner; crown; angle; sunnie; susu; lego; gowa; nicebaby; leo and other similar brands, will be assessed as per new valuation ruling.
The determined value for high value brands of baby diapers of Taiwan origin will be assessed at $2.68 and other origins at $2.70.
Following are the valuation of low value brands of baby diapers of different territories that included: China, $2; Indonesia, $2.50; Malaysia, $2.50; Turkey, $2.33; UAE, $2.40; Vietnam, $1.90; others, $2.50.
According to notification, identical/similar goods value methods provided in Sub-Section (5) and (6) of Section 25 ibid were applied which provided same reference values however, fall back method under Sub-Section (9) of Section 25 of the Customs Act, 1969 was applied to determine customs values for baby diapers of various brands and origins in this case.
Prior to customs valuation, meetings were held between the directorate and stakeholders including representatives of Karachi Chambers of Commerce and Industry (KCCI), importers and local manufacturers.
The local manufacturers are concerned against the valuation of China and Vietnam origin diapers and requested to increase the same, it said.
If transaction values are higher than the customs value determined in this ruling, the assessing officer shall apply those values in terms of Sub-Section (1) of Section 25 of the Customs Act, 1969.
It added that a revision petition may be filed against this ruling within 30 days from the date of issuance and collectors of customs may kindly insure that the values given in the ruling for the given description of goods are applied by the concerned staff without fail.
It is informed that any anomaly observed with respect to PCT may kindly be brought to the notice of Directorate General immediately.

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