KARACHI: Director General Customs Valuation Syed Tanveer Ahmed has rejected the petition of M/s Hansika Enterprises and others seeking revision in the customs values of shampoos determined vide Valuation Ruling No.849/2016.
M/s Hansika Enterprises and other importers submitted the impugned valuation ruling has enhanced the values of shampoos unilaterally and illegally. The impugned valuation ruling has fixed the customs values at $ 1.1 per kg illegally and unilaterally. The superseded valuation ruling No.814/2016, the value of the shampoos imported by the applicant was determined at $0.9 per kg and the determination of the value was made after giving hearing to all the stakeholders and the same was accepted to all stakeholders including the local manufacturers.
However, the impugned valuation ruling No.849/2016 has been issued in violation of Section 25A of the 1969 Act and it was issued unilaterally and without hearing the stakeholders.
Department submitted that the valuation ruling was correctly and lawfully revised after giving hearing opportunity to all stake holders/ importers. The inputs during meeting from the participants to determine the customs value and place the goods/brands in accordance to their value i.e. high value, medium value and low end brands were taken into consideration.
The department further stated that all valuation methods were properly exhausted sequentially to address the valuation issue in hand and reasons for rejection of the same have also been clearly mentioned in the ruling.
Consequently, the impugned valuation ruling was issued under Section 25(9) of the Customs Act, 1969 after examining the import data, on line prices from international websites and by analyzing all the gathered information.
Director General Syed Tanveer Ahmed noted that customs values have been determined on reasonable and sound basis after giving fair opportunity to the stakeholders, in accordance with the law. The Valuation Ruling 849/2016, is therefore upheld and revision petition is rejected.