Values of imported EVA sheets from China revised

Islamabad, Pakistan witnessed a revision in the customs values of imported Ethylene Vinyl Acetate (EVA) sheets from China, according to the Directorate General of Customs Valuation in Karachi. The new Valuation Ruling 2127 of 2026 was released on Tuesday. Previously, the customs values were established by Valuation Ruling No761-l-2015 more than a decade ago.

Due to the considerable passage of time, the outdated Valuation Ruling necessitated a review of the customs values based on present international prices, import trends, and other pertinent factors. The Directorate initiated the process of re-determining the customs values of these goods, inviting all relevant stakeholders to express their opinions and submit supporting documents.

Importers argued that the established customs values were lower than the current international prices, while the declared values were higher and aligned with the prevailing international market prices. Consequently, they requested that the customs values be re-determined based on import data from the last 90 days and current global price trends.

Stakeholders were then instructed to submit relevant evidence like invoices, contracts, price lists, and other verifiable proof for evaluation during the re-determination process.