Business Recorder
ISLAMABAD: The Directorate General of Customs Valuation in Karachi has revised the customs values for LED bulbs and LED tube lights, as well as for seven types of LED bulb parts and six categories of LED light parts imported from China. The directorate has issued two valuation rulings here on Wednesday. According to the ruling number 2055 of 2026, the representations from the importers were received for the determination of customs values in accordance with prevailing international price trends of the subject goods. Therefore, a preliminary analysis of import data, declared values, assessed values, and market prices was undertaken for the determination of customs values of the subject goods under Section 25A of the Customs Act, 1969. A meeting for the determination of customs values was held on the aforementioned date, which was attended by the relevant authorities. READ MORE: Import from China: New customs values issued on 18 types of LED rechargeable lights, torches The viewpoints of the participants were heard in detail, and the stakeholders were requested to submit documentary evidence to substantiate their contentions. For the determination of customs values of the subject goods, ninety (90) days’ import data was retrieved and thoroughly scrutinized in light of the information received from stakeholders. Subsequently, market enquiries, as envisaged under sub-section (7) of Section 25 of the Customs Act, 1969, were conducted and examined in accordance with this Directorate’s Office Order. Finally, the Customs values of the subject goods have been determined under Section 25(7) of the Customs Act, 1969. Under ruling number 2025 of 2026 issued by the directorate, the representations from the importers were received for the determination of customs values in accordance with prevailing international price trends of the subject goods. Therefore, a preliminary analysis of import data, declared values, assessed values, and market prices was undertaken for the determination of customs values of the subject goods under Section 25A of the Customs Act, 1969. For the determination of customs values of the subject goods, ninety (90) days’ import was retrieved and thoroughly scrutinized in light of the information received from Subsequently, market enquiries, as envisaged under sub-section (7) of Section 25 of the Customs Act, 1969, were conducted and examined in accordance with this Directorate’s Office Order, the ruling added. Copyright Business Recorder, 2026
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