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Transaction value of imports hard to verify: DG Customs Valuation Robina

KARACHI: The verification of transaction value of imports is hard to verify because due to a number of reasons like the origin, quality and business dealing between the parties, Director General of Customs Valuation Robina Ather said while talking to Customs Today. DG Robina Ather said that the Directorate’s primary role is to ensure that proper valuation of all imports ... Read More »

FBR to resolve issues of Directorate of Internal Audit: Rubina Wasti

KARACHI: The Directorate General of Internal Audit of Federal Board of Revenue (FBR) has been facing acute shortage of manpower, logistics and infrastructure. Sources in directorate informed Customs Today that the directorate is facing shortage of 41 percent of the total strength of staffers, adding that lack of logistics including vehicles and other resources were also affecting the performance of ... Read More »

Valuation ruling of shoe polish issued

KARACHI: The Directorate General of Customs Valuation has determined the customs value of shoe polish through Valuation Ruling No. 691/2014 No. Misc/05/2014-II dated September 25. The exercise to determine the customs values of shoe polish was initiated after the case was remanded back by the director general, Customs Valuation vide Order in Revision No. 64/2014 dated 18.8.2014 against Valuation Ruling ... Read More »