KARACHI: Directorate General of Customs Valuation devised a plan to streamline values of importable values to check under-invoicing, which is not only causing revenue loss to the exchequer, but it also has deprived the local manufacturing of level playing field.
Directorate General of Customs Valuation has initiated an exercise to develop database values for different items wherein it has been observed that declarations are wide range and do not correctly reflect values of the items as traded in the international market.
The reference values of Carburetor Cleaner under PCT 3402.2000 of China are $2.5/kg.
The reference values of Fentacare/Arquad (Di-alkyl Di-Methyl Ammonium Chloride) under PCT 3402.9000 of China are $2.5/kg.
The reference values of Hair soft gel oil capsule under PCT 3304.9990 of China are $10.63/kg.
The reference values of Sports leather shoes (low-end brands) under PCT 6403.1900 of China are $12.5/kg.
The reference values of Vascular/display chiller under PCT 8418.5000 of China are $1.5/kg.
The reference values of welding wire ER70S-6 under PCT 8311 of China are $0.92/kg.
The reference values of Facial Mug 750w under PCT 8516.7990 of China are $5.6/kg.
The reference values of Garment Steamer 650w under PCT 8516.7990 of China are $50/pc.
The reference values of Electric soup kettle 800w under PCT 8516.7990 of China are $50/pc.
The reference values of STD/LED Heat Gun (1800w) under PCT 8516.7990 of China are $25/pc.
The reference values of Pasta Cooker 8-literunder PCT 8516.7990 of China are $42/pc.
The reference values of waffle maker (1kw) under PCT 8516.7990 of China are $16/pc.
The reference values of Cotton Candy Machine 950w under PCT 8516.7990 of China are $190/pc.
The reference values of bakery food warmer (2.62kw) under PCT 8516.7990 of China are $250/pc.
The reference values of beauty equipment (Panasonic Steamer Nano Care Pink EH-SA95-P) under PCT 8516.7990 of China are $300/pc.
The reference values of hand blender 650w under PCT 8516.7990 of China are $5.67/pc.
The reference values of Derma Wand Oxygenating Skin Care System 3-watt (400 grams) under PCT 8516.7990 of China are $12.6/pc.
The reference values of tags/badges/patches made of artificial leather under PCT 4203.4000 of China are $3.5/kg.
The reference values of printed decorative paper under PCT 4811.9000 of China are $2.6/kg.
The reference values of tomato paste under PCT 2002.9010 of all origins are $1.5/kg.