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Pakistan: New customs values on import of fresh flowers fixed

Directorate General of Customs Valuation Karachi has fixed new customs values on the import of fresh flowers, including roses, lillium/lilli, baby breath, daisy, and other types of fresh flowers.

The directorate issued a new valuation ruling to be applicable on the import of fresh flowers via air. Earlier, the customs values of fresh flowers were determined under section 25A of the Customs Act, 1969, vide valuation ruling No.1607/2022.

An exercise has been undertaken by the directorate to re-determine the customs values afresh in line with values prevalent in the international market. In this regard, meetings were held in the Directorate of Customs Valuation, Karachi, which was attended by the relevant stakeholders. The issues pertaining to the valuation of subject goods were deliberated upon in detail in the referred meetings.

Ninety days clearance data has been retrieved, and the same has been scrutinized. Subsequently, market inquiry has been conducted and examined in the light of this directorate’s office order No.17/2014 and in terms of Section 25(7) read with Section 25(9) of the Customs Act, 1969.

Read more at brecorder.com

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