{
  "id": 19578242,
  "title": "Import values of sublimation paper from China, South Korea issued",
  "url": "https://urgent.news/2026/11/12/import-values-of-sublimation-paper-from-china-south-korea-issued",
  "topic": "business",
  "section": "Business",
  "published": "2026-11-12T00:48:20.000Z",
  "source": {
    "name": "Business Recorder",
    "slug": "business-recorder",
    "url": "https://www.brecorder.com/news/40448531/import-values-of-sublimation-paper-from-china-south-korea-issued"
  },
  "original_language": "en",
  "account": "Islamabad, October 15, 2026 - The Directorate General of Customs Valuation in Karachi has announced new customs values for sublimation paper imported from China and South Korea. This decision comes after the directorate recognized a need for uniformity in the assessment process, as no customs values were previously established under Section 25A of the Customs Act 1969. The investigation into import data exposed significant discrepancies in the declared and assessed values of the goods.\n\nOn October 15, 2026, a meeting was held to determine the customs values of sublimation paper. Stakeholders were given the opportunity to present their viewpoints, and all relevant documents were requested to support their claims. However, no submissions were provided, prompting the directorate to examine the existing records for the valuation exercise. The import data was thoroughly scrutinized, focusing on declared/invoice unit values, assessed values, origins, quantity, description, and the relevant time period.\n\nThe investigation revealed considerable variations in the declared invoice values, with aberrant and non-comparable entries excluded. The directorate considered recent and representative data that accurately reflects the general commercial import trend for determining the customs values of sublimation paper.",
  "summary": "ISLAMABAD: The Directorate General of Customs Valuation, Karachi, has issued new customs values of Sublimation Paper imported from China and South Korea. According to a valuation ruling issued by the directorate on Wednesday, the customs values of Sublimation Paper were not previously determined under Section 25A of the Customs Act 1969. The scrutiny of import data revealed imports of substantial…",
  "key_points": [
    "Customs values set for sublimation paper imports from China and South Korea.",
    "Investigation revealed discrepancies in declared and assessed values.",
    "Meeting held on October 15, 2026 to determine new customs values."
  ],
  "editors_take": "Standardizing these assessment values closes loopholes used to misdeclare import costs, ensuring that customs authorities can more accurately capture revenue from sublimation paper shipments arriving from East Asia.",
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}