China, Iran, Afghanistan: Values on import of dry grapes increased

Business Recorder reported that the Directorate General of Customs Valuation in Karachi has increased customs values for dry grapes, also known as raisins, brought in from China, Iran and Afghanistan. The move follows a fresh ruling that found these goods had been valued at a lower level. The Directorate opened proceedings citing Section 25A of the Customs Act, 1969, aiming to set uniform values and protect government revenue.

Importers and other stakeholders received meeting notices asking them to supply import papers, invoices and other records. According to the report, the stakeholders did not submit any documents at the meetings, so the Directorate relied on market survey information under Section 25(7). The Directorate maintains that this survey-based approach keeps the outcome equitable and in line with statute.