Business Recorder
ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has revised customs values on the import of eight different polyester fabrics for accurate assessment of duties and taxes. According to a valuation ruling (2058 of 2026) issued on Tuesday, the new customs values would be applicable on the import of Unbleached Polyester Grey (Greige) Fabric (Upto 7 Sqm/Kg); Unbleached Polyester MicrofiberGrey (Greige) Fabric (More than 7 Sqm/Kg); Bleached Polyester Fabric (Upto 7 Sqm/Kg); Bleached Polyester Microfiber Fabric (More than 7 Sqm/Kg); Polyester Dyed Fabric (Up to 7 Sqm/Kg); Polyester Dyed Microfiber Fabric (More than 7 Sqm/Kg); Printed Polyester Fabric (Up to 7 Sqm/Kg) and Printed Polyester Microfiber Fabric (More than 7 Sqm/Kg). The determined customs values shall not apply to Polyester Shirting/Suiting Fabric and are to be assessed on relevant valuation ruling(s). READ MORE: Customs values on import of polyester, viscose & cotton sewing thread issued Earlier, the Customs values of different Polyester Fabrics were determined under Section 25A of the Customs Act, 1969 vide Valuation Ruling Nos. 138512019 dated 18.07.2019 and 1808/2023 dated 28.09.2023. A meeting was conducted to deliberate in detail upon the issues relating to the valuation of the goods. During the meeting, the stakeholders contended that their imports are not for home consumption; rather, the goods are imported under the Export Facilitation Scheme (EFS). According to them, application of the valuation ruling at the import stage, despite duty-free clearance, creates practical difficulties while filing the Export Goods Declaration (EGD), as they are required to reflect value addition over the assessed value of imported inputs as per the rules. They maintained that this results in hardship due to a mismatch of values/figures at the export stage. The stakeholders further requested that their declared values may be accepted as transaction values. They also raised the issue of exclusion from the customs values determined vide the said Valuation Ruling, contending that exclusion of the valuation ruling shall be allowed to all manufacturers, as the Directorate has previously allowed such exclusion to certain specific manufacturers, and the conditions mentioned with the description shall also be excluded, FBR added. The viewpoints of the stakeholders were analyzed, and a detailed examination of import data for the preceding ninety (90) days from Jan to March, 2026 was conducted in conjunction with a review of the documentary evidence submitted by stakeholders. This comprehensive assessment enabled the development of a supplier-wise database, incorporating transaction values along with detailed specifications of the goods imported into Pakistan. Accordingly, an examination of the 90-day data, together with the import documents submitted by the stakeholders, revealed that the customs values of the goods require revision. Valuation methods provided in Section 25 of the Act were duly followed and applied sequentially to address the valuation issue at hand. The transaction value method provided in Sub-Section (1) of Section 25 was found inapplicable because sufficient information with respect to adjustments to be made to the transactional value in terms of Section 25(2) was not available to arrive at the correct transaction value. The identical goods value method provided in sub-section (5), ibid, was examined and considered for applicability to determine the customs value of the subject goods. The data provided some reference; however, it was found that the same cannot be solely relied upon due to the absence of absolute demonstrable evidence of qualities and quantities of commercial level, etc., in line with the sequential methods. The similar goods value method as provided under Section 6 and Section 25 of the Customs Act was examined in the instant case. Keeping all the factors in view and after carefully analyzing all the available information from different sources, the Customs values of subject items are determined under subsection (6) of Section 25 of the Customs Act, 1969. This comprehensive evaluation ensures that the determination of customs values is fair, transparent, and fully compliant with the law, FBR added. Copyright Business Recorder, 2026
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