G O V E R N M E N T OF PAKISTAN D I R E C T O R A T E G E N E R A L OF C U S T O M S V A L U A T I O N . CUSTOM HOUSE KARACHI * >< * ^ * *
The Collectors of C u s t o m s , M o d e l C u s t o m s Collectorates, A p p r a i s e m e n t (Easi/West)/Port Oasiiiv Preventive). Karachi / Lahore ( Appraisement / Preventive) / Sambrial (Sialkot) / ^ Multan ; Islamabad/ Hyderabad/ Quetta / Peshawar* Gawadar/ Gilgit-Baltistan DKTERMiNATlON OP CUSTOM VALUES OF POLYESTER YARNS U N D E R S E C T I O N 25-A OP T H E C U S T O M S A C T . 1969 ( V A L U A T I O N R U L I N G N 0 . 6 7 3 / 2014) .Mi>,. !.C '2006-1V
Dated: April 22, 2014
In exercise of the p o w e r s conferred under Section 25-A of the C u s t o m s Act. 1969. this Directorate General of C u s t o m s Valuation. Karachi has determined the C u s t o m s values of PoK ester .Yarns of different dealers as specified in Annex-"A" of this Ruling for assessment of d u n taxes on these yarns when imported into the country, . B a c k g r o u n d of t h e valuation issue ; Earlier Valuation Ruling No.461/20-12, dated 0507-2012 was issued in line with international price trend at that time. T h e importers have been contesting that Yarn value in international market, especially from China has significant!) decreased whereas clearance formations are assessing imported Polyester Yarns of different deniers in terms of Valuation Ruling N o . 4 6 1 / 2 0 1 2 . dated 05-07-2012 w h i c h is much higher than existing international prices. This prompted an exercise to re determine c u s t o m s values of the same. .2. Method adopted to d e t e r m i n e C u s t o m s values : T o determine the C u s t o m s values of Polyester Yarns of different deniers, methods given in Section 25 of the C u s t o m s Act. were e x a m i n e d to ascertain which methods were applicable to the valuation issue m hand in terms of Section 25 A( 1) of the C u s t o m s Act, 1969. Transaction value method provided in Sub-Section (1) of Section 25 was found Inapplicable because the requisite information as per law was not availableIdentical / similar g o o d s value methods pro\ided in Sub-Sections (5) & (6) of Section 25 of the Act ibid were examined for applicability to the valuation issue in the instant case but due to wide variation in value, the same could not be relied upon. Evidence of valuation furnished through the application of Identical / Similar G o o d s valuation m e t h o d s when applied flexibly as provided in Sub-Section (9) of Section 25 of the C u s t o m s Act, 1969, led to the determination of following C u s t o m s values of Polyester Yarns of different deniers in this CiiSC Stakeholders' participation in determination of values : Meetings were held w i t h ail the stakeholders on 03-12-2013, 20-12-2013, 07-04-2014 & 17-04-2014, which were attended by the stakeholders and representatives of C h a m b e r o f C o m m e r c e & Industry, Karachi. Customs values for Polyester Yarns : Polyester Yarns of different deniers as speci fied in enclosed A n n e x u r e - " A " of this Valuation Ruling shall be assessed to duty & taxes on the Customs Values specified in Annexure-"A" (copy attached). 1
5
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N
in cases where declared/ transaction values are higher than the C u s t o m s value determined in this Ruling, the assessing officers shall apply those values in t e r m s of Sub-Section (1) of Section 25 of the C u s t o m s Act. 1969. In case of c o n s i g n m e n t s imported by air, the assessing officer shall take into account the differential between air freight and sea freight while applying the C u s t o m s values determined in this Ruling, V u l k l i t A of this Valuation Ruling : The value determined vide this Ruling shall be the applicable C u s t o m s value tor assessment of subject imported goods until and unless-, it ts rescinded or revised by the competent authority in terms of Sub-Section (1) or u j of Section 25-A of the C u s t o m s Act. 1969. Review of the value determined vide this Valuation Ruling : A revision petition raa> be Hied against this Ruling, as provided under Section 2 5 - D of the C u s t o m s Act. 1969. within 3 0 days from the date of issue, before the Director General. Directorate G e n e r a ! o f Customs Valuation. 7 ln Floor. Custom House, Karachi. I he Collectors of C u s t o m s may kindly ensure that the value given in the Ruling for the given description of goods is applied by the concerned staff without fa if Any anomaly observed may k i n d h be brought to the notice of this Directorate General immediately. T h i s
R u l i n g
S u p e r s e d e s
V a l u a t i o n
R i d i n g
N o . 4 6 1
/
2 0 1 2 ,
d a t e d
0 5 - 0 7 - 2 0 1 2 .
Director pA tor m!ui mat ion io i 2.
S. A. i o e ha i n n a n. f â&#x20AC;˘. B. R.. I s I am aba d. Member (Customs). F.B.R.. Islamabad. ; Director General. C u s t o m s Valuation. C u s t o m House. Karachi. 4. Chief Collector of C u s t o m s . South ( Appraisement), Custom House. Karachi. 5 Chief Collector of C u s t o m s . South ( E n f o r c e m e n t ) . Custom House. Karachi, o. c hief Collector of C u s t o m s ( Central h Lahore Chief Collector of C u s t o m s (North). Islamabad. 5. Director General, intelligence and Investigation. Islamabad. Director G e n e r a l Post C l e a r a n c e Audit, Islamabad, Ms Director General Internal Audit, ( C u s t o m s ) . Islamabad. Directors. Intelligence & investigation, Karachi ' Lahore / I s l a m a b a d / Q u e t t a / P e s h a w a r / FaLsaiabad. 12.. The Project Director. W e B O C 1 l Jh Floor, C u s t o m House. Karachi. 1.3 Director. Directorate of C u s t o m s Valuation ( C a m p O f f i c e ) , Lahore. 14: Depuiv Director ( H Q ) , Directorate General of C u s t o m s Valuation, Karachi, for u p l o a d i n g in One C u s t o m s c'v W e B O C d a t a b a s e and deleting the Valuation Ruling No.461 f 2 0 1 2 , dated 0 5 - 0 7 - 2 0 1 2 on the date of issue of this Ruling. : Chairman (Valuation C o m m i t t e e ) , F P C C & l , f e d e r a t i o n House. Clifton, Karachi. in Chambei o f C o m m e r c e & Industry, Karachi Lahore: Islamabad/'Quetta - P e s h a w a r . " <'a - t < R e \ e n u e Audit. Hu>" Floor, C u s t o m House, Karachi. 1 <S. Law Section. C u s t o m s Valuation. ! {ii Floor, Custom House. Karachi. k e \ iew Section. C u s t o m s Valuation. Th floor. Custom House, Karachi. Karachi C u s t o m s Agents G r o u p , Bohri Road.-Karachi. 2!. CI 10. Customs Valuation, C u s t o m House. Karachi, 22 V u i c e Board. C u s i o m s Valuation,7 t h Floor, Custom House. Karachi M C C . Appraisement. floor. C u s t o m House. Karachi. Guard File
GOVERNMENT OF PAKISTAN DIRECTORATE GENERAL OF CUSTOMS VALUATION CUSTOM HOUSE, KARACHI
PTA value
MCG value
perUSi
JHTf US$ (PRAL data) Ton
rON kg"
IPRAL data > ICI PTA)
Per fomula (350 Kg)
Per formula {870
MEG PTA {Col.3 • Col.5)
chips I
BASE VALUES OF DRAWN TEXTURED YARN
fltXfi
8
{Col.6) + $100/-
JSSl
VAL J6 Of-
1028.00
359.80
1,03
0.36
0.86
1.22
PER KG
0.10
0.04
0.09
0.12
PER 100
860.43
1220.23
YARN 100 OTY SO
YARN 75 OTYSO
1320.23
PER T O N
,
Dry so
YARN 1 BOOTY SLACK DOPE DYED
YARN 300 OTY SO
YARN ?5 DTY
YARN OTY 160 Of 1000 1PM SD
YARN 150 OF 1500 TPM SD
YARN iTY (BSY) n o
9
10
11
14
15
16
1?
(Col. 7) + $375<'-
ICol.7} + $300/-
(Col.7)
(Col.7) >$250'-.
(Cel. 7) •f. 1055/-
(Col.7)
(Col.7) • $800/-
{Coi.7)
(Col.7) +$5€01-
1775.23
1695.23
1620.23
1740.23
1570.23
2375.23
2120.23
2120.23
1880.23
1880.23
1.78
1,70
1,62
1.74
1.57
2.38
2.12
2.12
1.88
1,88
0.18
0.17
0.16
0.17
0.16
0.24
0.21
0.21
0.19
0 19
Y A f N 150 PFY BRT
YARN 200 PFY BRT
YARN 300 PFY BRT
POLYESTER FILAMENT FLAT YARN YARN 45 SD CATEGORY
18
19
20
TON
(Col.7) +$400/1720.23
(Col.7) + $400/"1720.23
KG
1.72
1.72
1.72
GMS
0.17
0.17
0.17
PER
PER
100
Valuation Officer
IH J
S- A c t i o n 1 6 * » c * r V Susto%HoU5e
YARN 100 PFY fiRT 26
YARN 100 PFY BLACK
22
23
27
28
29
30
(Col.7) +$355/1675.23
(Col.7) +$355/-
{Col.7) +$475/-
(Col.7)
(Col.7) +$275/-
(Col. 7) +$385/~
(Cot.7)
(Col.7) +$150/-
1675.23
1795.23
+$3*511715.23
1595.23
1715.23
1520.23
1470.23
(Col.7) +$150/1470.23
1.84
1.68
1.68
1.80
1.72
1.60
1.72
1.52
1.47
1.47
0.18
0.17
0-1A
0.18
0.17
0,16
0.17
0.15
0.15
0.15
(Col.7) ..
YARN 90 PFY BLACK DOPE DYED 25
YARN 75 PFY SLACK DOPE QYFfi 24
YARN 75 FPY SO
YARN 50 FPY BLACK DOPE DYED 21
YARN 50 FPY 8RT
{Col.7) + $400/1720.23
VALUE OF YARN PER
YARN 50 FPY SD
.tsmiz 1840.23
j 1
YARN ITY (BSYj 135
(Col.7) +$455/-
YARN
. .. . G R A M S
YARN 150
YARN 7S PFY BRIGHT
P ri ncift&fifpprat ser Valuation
•PR • •
Dr, MuhasffiaJ Shakad Assistant Director