The Directorate General of Customs Valuation, Karachi, has issued Valuation Ruling No. 2022/2025, revising the customs values for the import of empty tin cans from all origins.
The revision follows a review appeal filed by M/s. Fine Daily (Pvt) Ltd. under Section 25D of the Customs Act, 1969, challenging the earlier Valuation Ruling No. 1962/2025. The Director General remanded the case for re-evaluation, instructing the Directorate to consider all relevant documentation and stakeholder input.
📊 Key Developments:
•     Fine Daily claimed higher import values and a dominant market share, but data showed only 2.8% of total imports, undermining their claim.
•     Other stakeholders cited rising inflation and exchange rate volatility, urging alignment with global raw material prices.
•     The Directorate conducted a comprehensive analysis using market surveys, online sources, and processing cost evaluations.
The final customs values were determined under Section 25(8) and 25(9) of the Customs Act, ensuring transparency and fairness in the valuation process.
This move is expected to impact importers, manufacturers, and pricing strategies across industries relying on tin packaging, especially in food and consumer goods sectors.