KARACHI: Directorate General of Customs Valuation has made amendments to the Valuation Ruling No. 655/2014, according to notification issued on Tuesday.
The following addendums/amendments are included:
1. In the existing table-A, model code CBA-GRJ150W-GKAZK appearing in column number 5 against Serial Number 9, 24, 40 and 56 is substituted with model code CBA-GRJ151W-GKAZK.
2. In the existing table-A, model code CBF-TRH200V-SFMDK appearing in column number 5 against Serial number 5, 11, 26, 42, and 58 is substituted with model code CBF-TRH200V-SFPDK.
3. In the existing table-A, model code CBF-TRH200V-SRMDK appearing second time in column number 5 against serial number 5, 11, 26, 42 and 58 is substituted with model code CBF-TRH200V-SRPDK.
It is also notified, in the original valuation ruling after table ‘C’ following note is inserted as serial number (iv) of notes: “Those vehicles which are not mentioned in valuation ruling No. 655/2014 dated March 28, 2014 and addendum/amendment, may be assessed strictly in accordance with the criteria mentioned at para No. 2 of the said valuation ruling provided that vehicles are importable under Import Policy Order and import thereof fulfills all conditions prescribed under the law.â€
It added that in case of any dispute or ambiguity, the case may be referred to the Directorate General of Customs Valuation, Karachi, to safeguard the government revenue.