Customs values on import of tamarind with seeds from Thailand revised

ISLAMABAD: Directorate General of Customs Valuation Karachi has revised customs values on the import of Tamarind with Seeds from Thailand. According to a valuation ruling issued by the directorate, the customs values of Tamarind with Seed were determined at S. No. 20 vide Valuation Ruling No1817/2023. The importer filed a representation and contended that the determined values of the subject item are on the lower side as compared with prevailing international prices. Accordingly, the Directorate initiated an exercise for the re-determination of customs values of the items covered under the said valuation. Meeting notices were issued to the relevant stakeholders, and extensive discussion and consultation were carried out. During the meeting, the stakeholders contended that the international prices of the subject items are seasonal and vary by origin. Therefore, they requested that the Directorate re-determine the value of tamarind on the basis of prevailing international trends and also conduct a market survey to safeguard government revenue. In support of their stance, they submitted relevant for consultation to facilitate the fair determination of customs values. Keeping in view the documents submitted by the stakeholders, the import data of the preceding ninety (90) days, along with information obtained from local price sources, was thoroughly scrutinized. The origin wise international prices of the subject goods were also examined. Based on information available on web sites it is also observed that international prices of subject items based on origin wise and also vary on seasonal peak period, this aspect are also taken into consideration to ensure an appropriate comparison of values and to maintain uniformity in assessment while determining the customs values of the subject goods. Finally, market information obtained from credible local retailers and wholesalers and online sources, analyzed, and utilized. Based on this comprehensive evaluation, the customs values of the subject goods have been determined under sub-section (7) of Section 25 of the Customs Act, 1969. This methodology ensures that the determination of customs values is fair, transparent, and fully compliant with the law, the directorate added. Copyright Business Recorder, 2026