FBR Revises Export Values for Mangoes Across All Categories
The Federal Board of Revenue (FBR) has announced a revision in the customs/export values for various types of mangoes, applicable to all international destinations. The updated valuation has been released by the Directorate of Customs Valuation, Lahore, following instructions from the FBR and the Ministry of Commerce.
Updated Export Values:
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Fresh Mangoes: $800 per metric ton
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Mango Pulp: $1,000 per metric ton
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Dried Mangoes: $1,500 per metric ton
This new valuation aims to align export values with current market trends and international prices, and to ensure greater transparency and fairness in export procedures.
Stakeholder Consultation and Market Review
To finalize the new rates, the Directorate of Valuation held consultations with key stakeholders, including representatives from the All Pakistan Fruit & Vegetable Exporters, Importers & Merchants Association, as well as leading mango exporters.
During the meeting, detailed discussions were held on valuation issues. Stakeholders submitted data, proposals, and export documents, all of which were thoroughly reviewed. The valuation was determined in accordance with Section 25(15) of the Customs Act, 1969, taking into account export trends, market surveys, and pricing data from the Pakistan Revenue Automation Limited (PRAL) system.
Ensuring Fair Trade and Compliance
This move is part of FBR’s broader effort to bring consistency and transparency to export valuations, promoting fair trade and enhancing Pakistan’s agricultural export credibility.
Exporters are advised to review the updated ruling to ensure compliance with the revised customs procedures when shipping mangoes abroad.
