Customs Revises Import Values for Empty Tin Cans
The Directorate General of Customs Valuation Karachi has updated customs values for the import of empty tin cans from all origins, issuing Valuation Ruling 2022 of 2025 on Thursday.
Previously, these values were determined under Valuation Ruling No. 1962-2025. Following a review appeal filed by M/s. Fine Daily (Pvt) Ltd. under Section 25D of the Customs Act, 1969, the Director General remanded the case for re-examination, allowing stakeholders to present relevant evidence.
The Directorate carried out a comprehensive reassessment under Section 25A of the Customs Act, considering inputs from all parties. While M/s. Fine Daily claimed higher values based on market share, other stakeholders highlighted challenges such as rising dollar rates and inflation affecting their businesses. The Directorate also analyzed international raw material prices and value addition during manufacturing to determine accurate customs values.
After reviewing market data, surveys, and credible sources, the Directorate finalized the customs values under Section 25(8) and 25(9) of the Customs Act, ensuring a fair and objective assessment for all stakeholders.
