July 31 layout 1 by customs bulletin

Daily on www.customsbulletin.com

Find us on

PAKISTAN’S FIRST INDEPTH NEWSPAPER ON CUSTOMS

Daily

ABC Certified

Karachi, Mon July 31, 2017

ISLAMABAD

M FAIZAN

www.customsbulletin.com

uhammad Z u b a i r Yusafani, the project director of the Integrated Transit Trade Management System, the Federal Board of Revenue (FBR), has disclosed that construction of complexes at Torkham, Chaman and Wagah will start in December 2017. In an interview with

Customs Today, he said that bids are being evaluated and a final decision will be taken in November this year. He said that the project to improve border services primarily focuses on three existing border crossing points which are being used for transit trade with Afghanistan, India and potentially the Central Asian Republics. He said that the project covers the construction of import and export processing zones, passenger terminals with separate parking areas, construction of inte-

Vol 2, Issue No. 177

Price Rs. 14.00

grated administrative office buildings, widening of approach roads and construction of new multi-approach traffic lanes with checking booths to install new equipment such as cargo X-Ray scanning machines, truck weighing and pedestrian multi-entry and exit-lanes scanning and detection equipment at all three border crossing points. He said that one window operation will be launched while information and communication technology will be used to facilitate the transit trade.

‘Construction of complexes atTorkham, Chaman &Wagah will start in December’

Quetta Customs earns Rs664 million of all duties & taxes during 20

FBR chairman directs Member Customs to take strict action against corrupt officials

Member Customs Zahid orders inquiry against corrupt PA at Port Qasim

Customs Preventive directed to recover evaded taxes from M/s Warid Telecom

ZubairYusafani, the project director of the IntegratedTTMSystem,theFBRcomplexes | SEE PAGE 01 |

The MCC Quetta received Rs664million of all duties and taxes during the 1st to 20th | SEE PAGE 02 |

Member Admin Ms. Tasneem Rehman issued instructions for starting probe | SEE PAGE 04 |

FBR Member Customs Zahid has ordered MCC PQ to conduct inquiry against | SEE PAGE 05 |

Customs Preventive has been asked to recoverRs21.848mevadeddutyandtaxes | SEE PAGE 08 |

www.customsbulletin.com

Customs Tribunal relisted references challenging announcements Monday, July 31, 2017

National

ISLAMABAD: A single bench of Customs Appellate Tribunal relisted couple of customs references challenging announcements made by field offices of Federal Board of Revenue on Monday. Muhammad Nasir Khan, Member Technical of Customs Appellate Tribunal would hear the cases filed by Appellants, Zamanul Haq and M/s Indus Laboratory. Appellants, Zaman Ul Haq and M/s Indus Laboratory had challenged decision announced by appellants in all of the said cases had challenged customs collectorate’s decisions before the tribunal relating to import of machinery by the appellants.

Quetta Customs earns Rs664 million of all duties & taxes during 20 days

ISLAMABAD

QUETTA

TARIQ DERYA

www.customsbulletin.com

he Auction Cell of Model Customs Collectorate (MCC) Islamabad auctioned two trucks of bananas weighed 22,000 kilogram amounting to Rs720000million plus tax during a public auction on Saturday at the State Ware House at G11 Markaz Islamabad. According to details given by Assistant Collector Auction Cell Majid Hussain Gaad that the Anti-Smuggling Organization (ASO) Islamabad impounded two trucks laden with Indian bananas on Friday and Saturday and handed them over to the Auction Cell because of being a perishable item. The Auction Cell immediately informed the auctioneers of perishable goods to come to the SWH and buy the above said item. He said the buyers from different parts of Rawalpindi and Islamabad participated in the auction which was organized by the Alvi Auctioneers along with the customs staff. Both loaded trucks were sold at a good price of Rs720000million exclusive 10% of duty taxes applied on goods and vehicles sold in auction. The auction was organized with a transparent manner under the Customs Act-1969.

he Model Customs Collectorate (MCC) Quetta received Rs664million of all duties and taxes during the 1st to 20th of July Financial Year FY201718. According to details given by Collector MCC Quetta Dr. Saeed Khan Jadoon, performance of the collectorate has been excellent due to new administrative measures taken during early 20 days regarding the revenue collection under all heads. The collector told CT that, during above said period, the Collectorate of Quetta generated Rs253.00million of Customs Duty (CD) whereas it did Rs286.00million of Sales Tax (ST). During the 1st to 20th of July FY2017-18, the MCC Quetta received Rs19.00million of Federal Excise Duty (FED) and it did Rs106.00million of With Holding Tax. With effective measures, the MCC Quetta promoted the tax culture in the province (Balochistan) as stoppage of revenue leakage shown by outstanding revenue collection during above said period continues. He said the collectorate got record revenue collection during FY2016-17 and hoped that the record will be maintained during current financial year as well. During initial 20 days of July FY17-18, the ASO Quetta executed unprece-

Two smuggled banana laden trucks fetch Rs720,000 at auction

dented anti-smuggling operations and reinforced the writ of the Customs throughout the length and breadth of the province by developing extraordinary infrastructure

in terms of setting-up of customs check-posts in various parts of the province. Collector Quetta Dr. Saeed Khan Jadoon appreciated the dedicated teamwork of the officials

of the Quetta Collectorate. With the joint efforts of the Customs Quetta staff, the collectorate has achieved unprecedented success during Financial Year 2016-17.

SHC calls comments on petition filed by M/s Ashraf Traders

KARACHI

M B RANA

www.customsbulletin.com

he Sindh High Court (SHC) has issued notices to the tax department and deputy attorney general on a constitutional petition filed by M/s Ashraf Traders, challenging impugned valuation ruling no 863/ 2016, enhancing values of toilet soap. While the hearing of the petition, a two-member bench, headed by Jus-

tice Munib Akhtar also directed them to file their respective para wise comments on the next date of hearing. Earlier, counsel for the petitioner stated that petitioner is engaged in the business of toilet soap and for this purposed imports toilet soap from various countries of the world. According to the petitioner, however, petitioner is seriously aggrieved and prejudiced by the illegal and mala fide action of the Director of Valuation and Directorate General of Valuation Department who

enhanced the valuing on toilet soap in respect of impugned valuation ruling no: 863/ 2016 dated 02/06/2016 which is complete ignorance of the factual and legal narrations. Citing Secretary Revenue Division, Collector of Customs Appraisement East, Collector of Customs Appraisement West, Directorate of Valuation, the Directorate General of Valuation as respondents, he pleaded the court may declare that act of the customs officials in illegal, mala fide and

arbitrary. Counsel for the petitioner also pleaded the court may set aside impugned valuation ruling. Meanwhile, The Zaki Industrial Corporation moves the Sindh High Court (SHC) challenging the Valuation Ruling 863/2016. The Sindh High Court (SHC) issued the notices to the Tax Department and Deputy Attorney General on a constitutional petition filed by the Zaki Industrial Corporation challenging the impugned valuation ruling No: 863/2016 dated 02/06/2016 for enhancement of the

valuation of toilet soap. Hearing the petition, a two-member bench directed that their respective para-wise comments be filed on the next date of hearing. Earlier, counsel for the petitioner stated in the constitutional petition that it is engaged in the lawful business of import of toilet soap from various countries of the world including Dubai. However petitioner is seriously aggrieved with the valuation ruling 863/ 2016 dated 02/06/2016 in supersession of valuation ruling No: 737 of 2015 dated 27/05/2015.

www.customsbulletin.com

ISLAMABAD

M FAIZAN/IMRAN ALI www.customstoday.com

hambers and trade bodies have recently received dozens of complaints from importers about rampant corruption by few black sheep at Port Qasim. Importers are suffering at the hands of corrupt officials especially Principal Appraiser Shahid Rizvi, posted at CIU Port Qasim, and his companion, Rana, who are using different illegal tactics to harass the importers and delay their consignments for at least 20 days. Even Rana is used to threaten these importers of physical harm if they refuse to pay the speed money. These lower cadre Customs officials have deliberately made the clearance process so difficult and lengthy that genuine importers are forced to pay the speed money to save their loss of millions of rupees. These corrupt officials earn a bad name for Customs Dept which has successfully shifted the manual

process to electronic clearing so consignments are cleared in a single day. After different newspapers covered at length the grievances of genuine importers and Multan and Faisalabad chambers raised the issue, FBR high-ups came into action and directed the officials concerned to start inquiry against such corrupt elements. FBR Chairman Tariq Mehmood Pasha has directed all board members to take prompt action on complaints and information against those officers and officials who are involved in corrupt practices at Port Qasim. He has directed Member Customs Zahid Khokhar to closely observe the affairs at Port Qasim, and resolve the issues and submit the report in this regard. It is pertinent to mention here that Member Customs Zahid Khokhar has already taken notice of complaints of importers regarding Port Qasim. Meanwhile, FBR Member Admin Ms. Tasneem Rehman has also issued instructions for starting probe into complaints and allegations levelled by importers about corruption at Port Qasim. She has di-

rected the admin and Customs authorities to inquire the issue and report back. She said if officers are found involved then proper investigation should be launched after constituting an inquiry committee. She said elimination of corruption in Federal Board of Revenue field formations is top priority. Earlier, Multan Chamber of Commerce and Industry Senior Vice President Mian Bakhtwar Tanvir Sheikh said that importers repeatedly face immoral behaviour from Customs staff at Port Qasim during clearance of their import shipments due to dishonest staff like Shahid Rizvi. Importers of South Punjab are facing challenges at large scale for the clearance of their import consignments due to presence of dishonest Customs officials at Port Qasim. He told that Port Qasim is the key port for the clearance of import shipments in the country but importers pay extra charges in the shape of kickbacks to Customs staff and corrupt officials at the time of clearance. He further added if importers and exporters did not pay bribe to Customs staff they face delay in clearance of their consignment.

www.customsbulletin.com

KARACHI

M FAIZAN/NAEEM SHEIKH www.customstoday.com

ederal Board of Revenue’s Member Customs Muhammad Zahid Khokhar has ordered Collector of Model Customs Collectorate Port Muhammad Bin Qasim to conduct inquiry against a corrupt Principle Appraiser and directed to address the grievances of importers and clear their consignments according to law without any delay. Member Customs Zahid Khokhar has taken serious notice on the news items published in print media and complaints of trade bodies’ representatives regarding the Principle Appraiser of Port Muhammad Bin Qasim. Member Customs has directed Port Qasim Collector Saeed Akram to investigate the issue and submit the inquiry report as soon as possible. Khokhar has also instructed the collector to take action on valid and legitimate complaints, and if anyone is found guilty, deal with him according to law and govt rules and regulations. He ex-

Monday, July 31, 2017

pressed the commitment that he will make field formations corruption-free. He remarked this is the primary responsibility of Customs officers and officials to do their duties with honesty and devotion. It is pertinent to mention here that importers have been complaining for the last few days about their grievances due to highhandedness of few corrupt officials at Port Qasim. Chambers and trade bodies have also recently received dozens of complaints from importers about rampant corruption by few black sheep at Port Qasim. Importers are suffering at the hands of corrupt officials especially PA Shahid Rizvi posted at CIU Port Qasim and his companion, Rana, who are using different illegal tactics to harass the importers and delay their consignments for at least 20 days. Even Rana is used to threaten these importers of physical harm if they refuse to pay the speed money. These lower cadre Customs officials have been discouraging legal imports and promoting smuggling of above Rs 20 billion by wrongly causing financial losses to legal importers, various ha-

rassments, and pushing them to give speed money. An importer said, “The objective of FBR is to facilitate legal importers so that smuggling is stopped. Even policies are made in this direction. FBR already knows about the menace of discouraging imports. However, the lower staff does exactly opposite by discoursing imports and encouraging smuggling.” According to confirmed information given by some cadres of importers, Principal Appraiser Shahid Rizvi is openly demanding bribe from the importers in assessing their consignments and upon refusing, he assesses the consignments at higher value without any evidence. Earlier, importers appealed to FBR Chairman Tariq Mehmood Pasha and Member Customs Zahid Khokhar to look into the issue of blackmailing and address the grievances of the importers at the earliest. They also demanded to launch inquiry against the few officials of Customs deputed at Port Qasim, especially PA Shahid Rizvi to avoid huge losses to the national exchequer.

www.customsbulletin.com

Founder & Chairman Zulfiqar Ali Editor Rahil Yasin editor@customsbulletin.com.pk For advertising & subscription marketing@customsbulletin.com.pk www.customsbulletin.com Phones: 042-35781643-4, Fax: 042-35781645 Address: 627, Siddiq Trade Centre, Gulberg, Lahore

EDITORIAL

Potentials of construction industry

he construction industry is the fastest growing sector in the country and has received a whopping sum of $468 million Foreign Direct Investment during the fiscal year 2016-17.Though the figure shows 10 times increase from the previous year’s investment of $46 million, the industry needs special government attention as it has the potential to act as an engine of growth for the national economy. Overall, the country received $2.41 billion foreign investment during the previous fiscal year, most of which — $1.186 billion– came from Chinese investors, showing 11 increase from the last year’s $1.064 billion. There are two economic models, Dubai and Singapore, for Pakistan to follow. Dubai has desert plains with insignificant quantity of oil, but it has built its economic empire on the basis of real estate and construction industry. The prices of land and buildings in the desert nation are equal to Manhattan of New York. This happened due to power of the economic policies and reaping the benefits of construction industry. The second nation is Singapore which started massive housing projects, leading the nation to the first world economies. Pakistan’s housing industry has all the potential and powers to lead the nation to the next level of the economy. According to the State Bank of Pakistan,the country received $2.3 billion investment a year earlier. The second volume gainer for 2017 was the power sector which received the highest FDI of $795 million, but in fact the investment in this sector has declined as compared to the previous year’s $1.159 billion. The food sector received $493 million in 2017 as compared to net outflow of $56 million during the previous year. The Pakistani exporters are unable to compete in the world markets due to shortage of electricity which is also too expensive to bring any good to the economy. There are no two opinions in the notion that most of the economic woes facing the nation are due to energy crisis. Pakistan is one of the best geographical regions where sun shines the whole year and is a source of cheap electricity. However, the policymakers have failed to harness this vital source of energy.

Arab investors A

LAHORE

DR AFTAB AFZAL

www.customstoday.com

ccording to media reports, Qatari and Emeriti investors own three times more properties in London than the British Queen. Saudi princes have also invested billions of dollars in the United States, Britain, France, Germany and other countries of Europe. Only a single Saudi prince has invested over $35 billion in US and the list of investors goes on. Reports suggest that Canary Wharf Group Investment Holdings is co-owned by Qatar Holdings and American investment group Brookfield is the largest property owner in London with

21.5m sq ft of space on its record. The Qatari government also owns 1.8m sq ft, making it the most dominant force in London’s real estate market whereas the Queen owns just under 7.3m sq ft. According to his own statement, the Qatari head of investment agency admits that Qatar’s investment into UK has reached $65 billion as London is the preferred investment destination for Arab sheikhs.The Qatar investment agency also owns the site of the Chelsea Barracks, the Olympic Village and some of the city’s largest buildings, placing it within the top 100 landowners in the capital, putting the London Corporation at the second

place. Reports also suggest that Kuwait has been aggressively investing abroad for the last few years and is not behind other regional property competitors.The Kuwaiti investors entered the market and acquired 3.65m sq ft in a relatively short period of time, standing at 16th on the list of prominent London investors.The unfortunate part of the behavior of Arab sheikhs is that they flock to Pakistan every year not only to kill precious and endangered species but also plunder and destroy hundreds of hectors agriculture land owned by local farmers. Some media reports suggest Arab sheikhs are also in the habit of marrying local young girls by of-

fering little money to their poor parents in blatant violation of local laws, customs and traditions. The volume of Arab investment in the country is mere peanuts as compared to their investment in Europe. The whole situation also shows the apathy of our own rulers who have no tinge of conscience in them to protect dignity of the country, honour of the nation and respect of their ownself. Every country and nation respects its own people, but Pakistani officials will do respect every Tom, Dick and Harry except the Pakistanis nationals. If Arab sheikhs prefer Europe over Pakistan for investment, they do not deserve any special treatment in this country.

www.customsbulletin.com

Bangladesh imports 31 million handsets in 2016 Monday July 31, 2017

World

DHAKA: Mobile handsets import in Bangladesh increased by 11 per cent in 2016. The country imported 31 million mobile handsets at a cost of Tk 80 billion ($ 980 million) in the year, according to the Bangladesh Mobile Phone Importers Association (BMPIA). Of the imports, the BMPIA data showed the number of smartphone units was 8.2 million worth Tk 65 billion ($ 800 million). Within such an expanding market, top brands are providing stiﬀ competition to gain more access to the hotpot market. Industry insiders have said Bangladesh has already become a sizable mobile market and now the market share of smartphones, which is currently about 30 per cent of total mobile handsets, is set to jump with the imminent launching of Long-Term Evaluation (LTE) services, also known as 4G services in the country.

Taiwan customs seized tobacco to Malaysia arrests accused for ‘ivory smuggling’ make 1.46m packs of cigarettes KUALA LUMPUR

CUSTOMS BULLETIN REPORT www.customsbulletin.com

TAIPEI

CUSTOMS BULLETIN REPORT www.customsbulletin.com

pproximately 18.6 metric tons of smuggled tobacco was seized at the Port of Taichung in central Taiwan early this month, Taichung Customs said. Two cargo containers registered as carrying tobacco leaf waste imported from Vietnam were opened for spot checks early this month at the port, Customs officials said. After removing the outer layers of bags containing tobacco leaf waste, inspectors discovered fine cut tobacco that was not on the list of imported materials. The smuggled cargo, weighing 18.6 metric tons, was later found to have been hidden among materials imported by a Taichung-based company to produce organic fertilizer. Officials also determined that the tobacco was in the form of so-called

Scatec Solar’s Q2 revenue grows 31 percent catec Solar ASA (OSL:SSO) said today its second-quarter net profit has decreased to NOK 1.5 million (USD 187,000/EUR 160,000) from NOK 5.5 million a year back, even though revenue rose by 31%. The Norwegian solar park builder and operator saw its consolidated earnings before interest, tax, depreciation and amortisation (EBITDA) jump to NOK 217 million from NOK 153 million, with revenues climbing to NOK 279 million from NOK 213 million. The main reason for the increases in both EBITDA and revenues is better solar irradiation, additional revenues from the new plants in Jordan and positive currency eﬀects related to the South African rand. For the first half of 2017, the Oslo-based company reported a return to profit of NOK 32.5 million from a loss of NOK 17.5 million, with revenues rising to NOK 555.5 million from NOK 442.6 million. –CB Report

“formula cut cigarettes,” which can easily be used to produce cigarettes, according to Taichung Customs. The smuggled materials could have been used to produce more than 1.46 million packs of cigarettes, which, if sold domestically, would have evaded more than

NT$46 million (US$1.5 million) in cigarette tax and a health surcharge of at least NT$29 million, officials said. The cigarette tax is currently NT$30.8 per pack in Taiwan. In addition, each pack of cigarettes is also subjected to a health surcharge of NT$20.

Germany asked to use Afghanistan’s lithium in automotive industry

resident Ashraf Ghani in a meeting with German President Frank-Walter Steinmeier at the Presidential Palace on discussed Afghanistan’s security, peace and economy. The German president arrived in Kabul with a high ranking delegation on Thursday. Pointing to the importance of Afghanistan’s mineral resources, Ghani suggested that German automobile companies should use the

country’s lithium in their automotive industry, a press release issued by the Presidential Palace said. “Afghanistan’s mineral resources requires proper management. The quality of Helmand’s lithium is very high and it can be used in the automotive industry,” Ghani said. In response to this, the German president said they will work on the use of Afghanistan’s lithium by Dutch companies. –CB Report

alaysian authorities have arrested a Vietnamese man and seized a stash of elephant ivory worth almost US$70,000, an official said Monday (Jul 17), highlighting the country’s role as a hub for the wildlife-smuggling trade. The man was detained Friday at Kuala Lumpur’s main international airport after flying into the country from Addis Ababa in Ethiopia, said airport customs chief Hamzah Sundang. Officials stopped the suspected smuggler – whose identity was not revealed – in the airport terminal as he was acting suspiciously. When they checked his luggage, they found 10 packages containing elephant ivory weighing 36kg that had been cut into small pieces, which activists said was

likely going to be fashioned into jewellery. Authorities said the haul was worth about 300,000 ringgit (almost US$70,000). The man had been due to travel on to Vietnam, where there is high demand for ivory which is prized locally for decorative purposes and in traditional medicine. The latest seizure underlines Malaysia’s role as a transit point in the global wildlife smuggling trade. Earlier this month, Hong Kong customs officials discovered 7.2 tonnes of ivory tusks in a shipment from Malaysia. The global trade in elephant ivory, with rare exceptions, has been outlawed since 1989 after populations of the African giants dropped from millions in the mid-20th century to around 600,000 by the end of the 1980s. Anyone found guilty of importing rare animals or their parts into Malaysia can be jailed for up to three years and fined. Kanitha Krishnasamy, acting regional director for wildlife trade monitoring network Traffic.

Swiss watch exports regain pace

wiss watch exports gained for a third time in four months as Chinese demand strengthened and the UK attracted buyers with its weak currency. Shipments climbed 5.3% to 1.7 billion francs (US$1.8bil) in June, the Federation of the Swiss Watch Industry said in a statement Thursday that underpinned signs of a rebound from the longest slump on record. Exports to China increased 12%. Hong Kong, the industry’s biggest market, rose 4.6% for the second consecutive month of gains. “The situation remains fragile locally,” the federation said in a state-

ment. “The United States did not participate in the recovery and some European or Asian markets are still undergoing significant readjustments. The forecast for 2017 therefore remains one of prudent optimism.” Among other highlights: Exports to the United States slipped 1.3% in June, bringing first-half shipments down 5.9%; federation says situation in that market hasn’t improved in more than 12 months, with no signs of improvement in the near future. Shipments to the UK jumped 36%, the biggest gain in more than two years, as sales are boosted by the weak pound. –CB Report

France ready to negotiate with Google on back taxes

F PARIS

CUSTOMS BULLETIN REPORT www.customsbulletin.com

rance is ready to negotiate a deal with Google over back taxes, budget minister Gerald Darmanin told financial daily Les Echos on Monday. A French court ruled this month that Google was not liable to pay 1.1 billion euros ($1.3 billion) in

back taxes demanded by French authorities. Though Darmanin had announced previously that the government would appeal against that ruling he told Les Echoes: “Nobody wants a long legal process that delays the recovery of back taxes. If Google is ready for sincere talks … our door is open.” Reuters was unable to contact a Google France representative for immediate comment outside business

hours. The French finance ministry considers that the U.S. company had declared in Ireland advertising revenue earned in France and had thus avoided paying corporate tax and value-added tax. However, the Paris administrative court ruled on July 12 that Google Ireland Limited was not subject to corporate and value-added taxes for the period 2005-2010, striking down the tax administration’s de-

mands for back payments. The ruling in favour of Google, now part of Alphabet Inc, (GOOGL.O) followed a court adviser’s recommendation that Google did not have a “permanent establishment” or sufficient taxable presence to justify the bill. Darmanin rejected that interpretation, telling Les Echos that “the profits really generated in our country surpass the modest amounts that are declared”.

www.customsbulletin.com

Accused mobile-phone smuggler bailed by federal customs court LAHORE: The Special Federal Court of Customs Taxation and AntiSmuggling has disposed of a post-arrest bail of an accused held in mobile smuggling case. According to details, an accused Agha Farukh was apprehended by the customs investigation authorities from Faisalabad after investigation from accused Tayab Manzoor who is on judicial remand now. Accused Agha Farukh is a facilitator of Tayab Manzoor in smuggling of mobile phones.

Monday, July 31, 2017

CUSTOMS BULLETIN

Customs Preventive directed to recover evaded taxes from M/s Warid Telecom KARACHI AFTAB CHANNA

www.customsbulletin.com

he Customs Collectorate of Preventive has been asked to recover Rs 21.848 million evaded duty and taxes from M/s Warid Telecom (Private) Limited, it is learnt here. According to sources, the scrutiny of import data relating to telecommunication companies revealed that M/s Warid Telecom had imported Cisco ASR 5000 Multimedia Core Platform via Air Freight Unit, Customs Collectorate Preventive Karachi, by misdeclaring the goods as computer products and availed the facility of Green Channel under PCT Heading 8471.5000 attracting customs duty at 1 percent whereas ASR 5000 multimedia core platform was found to work on mobile broadband network that can handle bandwidth intense, real time multimedia service such a voices, videos and TV to migrate to 4G technologies and is correctly classifiable under PCT Heading 8517.6290 chargeable to customs duty at 20 percent. Thus the appellant was found to have committed mis-declaration of the classification and evaded payment

of Customs Duty amounting to Rs 16,890,225, sales tax Rs 2,871,343 and withholding tax Rs 1,086,888. Accordingly, a show cause notice was served upon the appellant on

29.6.2015 and the case was adjudicated vide the impugned Order in Original No 173/2015. Further, the appellant had failed to deny the impugned goods are not

transmission apparatus. Having considered all the aspects of classification as reflected in the record we conclude that the impugned Order holds substance as goods are most

appropriately classifiable under PCT 8517.6290 and not in the PCT Heading 8417.5000 wrongly claimed for obvious reasons of avoiding due rate and amount of duty/taxes.

DG Valuation Surriya Butt to revise VR No.815/2016 soon KARACHI

WAQAR AHMED ANSARI www.customsbulletin.com

irectorate General Customs Valuation Director General Surriya Ahmed Butt has decided to revise Valuation Ruling number 815/2016 soon, its learnt here. Sources told Customs Today that an application was submitted by importers to customs valuation in which change in prices of

medium density fiber board was requested. Sources said that Valuation Ruling No. 815/2016 medium density fiber board was issued on January 29, 2016. A meeting was held with stakeholders on July 17, 2017. Importers were told to furnish import invoices of the last three months, showing factual values as well as websites, names and e-mail addresses of known foreign manufacturers of the item in question through which the actual current value could be ascertained. Copies of contracts made / LCs opened during the last three

months showing the value of item in question and copies of sales tax invoices issued during last four months showing the difference in price (excluding duty and taxes) to substantiate that the benefit of difference in price is passed on to the local buyers were also sought. During meeting the importers were of the view that the everyday technologies are being upgraded in electronics and its new versions are arriving in the market. Meanwhile, The Directorate General Customs Valuation, Director General Surriya Ahmed Butt, has decided to revise the Valua-

tion Rulings No: 783/2015 and 784/2015 after 15 days, it is learnt. Sources told Customs Today that an application was submitted by the importers to customs valuation in which change in prices of medium density fiber board was requested. Sources said that Valuation Ruling No. 783/2015 ginger and garlic issued on 28th of December 2015. A meeting was held with the stakeholders on July 20, 2017. Importers were told to furnish the import invoices of the last three months, showing factual values as well as websites, names and e-mail ad-

Published by M S Raza OďŹ&#x20AC;# 42, 3rd Flr Gull Plaza M.A Road Karachi, Printed by Dhoom Printing Building No RY/A, 11/6,11/7, Mashoor Mahal,oďŹ&#x20AC; I.I. Chundrigar Road, Karachi

dresses of known foreign manufacturers of the item in question through which the actual current value could be ascertained. Valuation Ruling No: 784/2015 polyester suiting fabrics was issued on 30th of December 2015. A meeting was held with stakeholders on July 20, 2017. Importers were told to furnish the import invoices of the last three months, showing factual values as well. The copies of contracts were made/LCs opened during the last three months, showing the value of item in question and copies of sales tax invoices issued during the last four months.