Business Recorder
ISLAMABAD: The Directorate General of Customs Valuation Karachi has fixed new customs values on the import of artificial imitation jewellery from China and other origins. The new values would be applicable on the import of Electroplated Jewellery white/yellow, without stones/beads; electroplated Jewellery white/yellow, with stones/beads and fancy Electroplated Jewellery white/yellow, with crystal stones/beads. The values specified shall not be applicable on branded or designer jewellery. The same will be assessed under Section 25 of the Customs Act, 1969, as per ruling. Earlier, the Customs values of Artificial Imitation Jewellery were determined vide Valuation Ruling No. 1871-2024. The Valuation ruling was more than two (2) years old. As per analysis of Import Data and change in the international market trends, the Directorate initiated the exercise FBR redetermination of values under Section 25 of the Customs Act- 1969. Meetings convened that were attended by the representative authorized by various importers and stakeholders. The issues pertaining to the valuation of subject goods were deliberated upon in detail in the aforementioned meetings. The submissions and documents provided during the meeting were duly considered in the valuation exercise. Representative of Importers of Artificial Imitation Jewellery requested rationalization of customs values, contending that the subject item is prone to damages, defects and trends. The viewpoints expressed by stakeholders during consultations were carefully analyzed. In this regard, import data during the period from July 2025 to February, 2026 was thoroughly examined, along with the documents submitted by importers. In view of these findings, the customs values were determined in accordance with section 25 of the Customs Act- 1969. Various markets were visited, and the actual prices of subject goods were acquired and by adjusting the amounts of profits. Finally, market survey, so gathered have been utilized and analyzed to determination of custom values of the subject goods under Section 25(7) of the Customs Act, 1969. This comprehensive evaluation ensures that the determination of customs values is Fair, transparent, and fully compliant with the law. Copyright Business Recorder, 2026
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