Customs, PCDMA agree to resolve issues faced by importers

Customs officials and the Pakistan Chemicals & Dyes Merchants Association have agreed to address commercial importers’ concerns through consultation, Business Recorder reported on November 4. Their discussions covered the cost of ICIS price checks, a three-month DPL waiver, access to self-clearance and the need to refresh customs valuation rulings.

Chief Collector of Customs Appraisement (South) Wajid Ali said the association could provide price-verification certificates for imported raw materials as an alternative to ICIS checks, which the delegation said cost around $15,000 to $20,000 a year. He also undertook to honour the full waiver period and said PCDMA recommendation letters could support NTN-based self-clearance for at least six months, subject to Customs verification. Customs will further consider updating valuation rulings to reflect changing international prices.