GOVERNMENT OF PAKISTAN
DIRECTORATE GENERAL OF CUSTOMS VALUATION
CUSTOM HOUSE, KARACHI.
No. V/49/2009-Law/16830 Dated:16th, Nov.2015.
The Collectors of Customs, Model Customs Collectorate, Appraisement (East/West) / Port Qasim/Preventive, Karachi/Lahore (Appraisement / Preventive) / Sambrial (Sialkot)/Faisalabad/ Multan / Islamabad/ Hyderabad/ Quetta / Peshawar/ Gwadar/ Gilgit-Baltistan.
SUB: Validity of Valuation Ruling and Recurrent Interim Relief of provisional Releases by Courts.
In pursuance of Honourable Courts directives, this Directorate General has initiated exercise of revising Valuation Ruling older than 90 days. Section 81 of the Customs Act, 1969, by securing the differential amount of duty and taxes between declared value and value mentioned in the existing Valuation Rulings older than three months period, if such request is made by importer in each individual consignment imported by him. After allowing provisional release, the case may be referred to this Directorate General through computerized WeBOC System. Each case will be finalized in the light of initiated exercise and new ruling.
Encl: (As above)
Signed by
(MANZOOR HUSSAIN MEMON)
DIRECTOR
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