Therefore, the Directorate has initiated an exercise for determination of custom values of buttons in terms of section 25-A of the Customs Act, 1969. For the purpose, the meetings with stakeholders were called in November and December, 2017 and the stakeholders were requested to furnish the relevant documents to support their arguments. However, the complainant did not participate in these scheduled meetings.
Meanwhile, the representatives of local garments industries contended that they import the subject goods as per their requirements/specifications and at a much higher rate as compared to the ones declared by commercial importers. The methods were adopted to determine the customs values but no outcome.
Thereafter, the market enquiries as envisaged under section 25(7) of the Customs Act, 1969 were conducted. Consequently, the custom values of the buttons of various types have been determined under section 25 (7) of the Customs Act, 1969.