Customs value of Sorbitol Solution (70 percent) non-crystalline grade revised

Directorate General Customs Valuation (DGCV) has revised the customs values of Sorbitol Solution 70 percent Non Crystalline Grade. According to the revised valuation, the stakeholders including importers, local manufacturers, Pakistan Chemical and Dyes Merchant Association (PCDMA) and representatives from clearance Collectorates participated in the meetings held on 7th and 13th June, 2017.
The local manufacturers were of the view that Sorbitol Solution 70% Non Crystalline Grade was being dumped into Pakistan to inflict serious injury to the local industry therefore National Tariff Commission had imposed anti-dumping duty on the imports from several countries ie India, Indonesia and France.
They further stated that export prices of subject item to other countries from aforementioned manufacturing countries were much higher than the prices on which the same item being imported into Pakistan. They contended that price offered for Pakistan was limited to geographical area of Pakistan and not the price offered for international markets.
On the other hand the commercial importers stated that they were importing the subject item on prices being offered for Pakistan by the exporters of India, Indonesia and France. As the local manufacturer and importers had conflicting viewpoint about the prices of subject item therefore they were asked to develop a consensus on the price issue but they failed to do so.
The viewpoint of all participants was heard in detail and considered to arrive at customs values of Sorbitol Solution 70% Non Crystalline Grade on the basis of local market. Hereafter, the DGCV has applied relevant methods but remained unable to determine the customs values of said goods. Later, all information was analysed for determination of customs value of the subject items.
Consequently, the fall back method as provided under section 25(9) of the Customs Act, 1969 was applied arriving assessable customs values of the Sorbitol Solution 70% Non Crystalline Grade. The Customs values for Sorbitol Solution 70% Non Crystalline Grade shall now be assessed to duty/taxes at US$0.570 per kilogram from India, at US$0.615 per kilogram from Indonesia/China and at US$ 0.707 per kilogram from Europe.