Home »Taxation » Pakistan » Customs value of fresh imported dates revised

  • News Desk
  • Apr 22nd, 2017
  • Comments Off on Customs value of fresh imported dates revised
Directorate General Customs Valuation (DGCV) has revised the customs value of fresh imported dates under section 25(9) of the Customs Act, 1969. According to the revised valuation, the customs values of dates of various types from different origins were earlier determined vide valuation ruling 1014 on January 17, 2017. However, some importers expressed resentment over the values before the DGCV under section 25-D of the Customs Act, 1969.

The DGCV vide Order-In-Revision 324/2017 remanded the matter back to the Director to extent of Zahidi dates only. Therefore a fresh exercise was initiated to re-determine the value of the said commodity. For the purpose, all stakeholders were invited by the DGCV for the determination of customs value of Zahidi dates. The meeting was duly attended by all stakeholders however the representative of MCC, Quetta, and the Chambers of Commerce and Industry Quetta and Chaman could not attend the meeting despite being invited for their valuable input.

All the stakeholders during meeting strongly contended and requested that the existing valuation ruling may be reviewed in light of prevailing international and local market prices and further contended that the market surveys may be conducted from wholesale markets. It was also highlighted that the goods under consideration were perishable items therefore miscellaneous margins may be adjusted while applying the deductive method of section 25(7) of the Act. The contentions of all stakeholders were given due consideration.

The DGCV after applying valuation methods, transaction value method and identical value method remained unable to determine customs value of subject goods. Later, all the information was analyzed for determination of customs value of the fresh imported dates. Consequently, section 25(9) of the Customs Act, 1969 was applied to arrive at assessable customs value of said commodity.

Zahidi dates origin from Iran are now assessed at the customs value of US $0.20 per kilogram, Iranian Muzafati dates are at US $0.35 per kilogram, Iranian Rabbi at US $0.36 per kilogram, all types of dates from U.A.E at US $1.90 per kilogram, Ajwa & Amber dates from Saudi Arabia at US $6.00 per kilogram and other types of Saudi dates at US $1.50 per kilogram.

The revised valuation further stated that the value added products of fresh dates such as filled with almond, honey and chocolates etc, will be assessed under Section 25 of Customs Act 1969; adding that these values were on C&F basis through ocean route and in case of import of Iran origin dates via land route through MCC Quetta, the Collectorate may like to assess the same after taking into account authentic and actual freight. In cases where declared/ transaction values are higher than the Customs values determined in this ruling, the assessing officers must apply those values in terms of Section 25 of the Customs Act, 1969. In case of consignments imported by air, the assessing officer shall take into account the air freight while applying the customs value determined in this ruling.



the author

Top
Close
Close