Valuation Ruling 2129/2026 fixes minimum import values at $2.05 per kg for China and South Korea and $2.47 for other origins.
KARACHI: The Federal Board of Revenue (FBR) has issued Pakistan’s first-ever customs valuation ruling for imported sublimation paper, fixing minimum import values under Valuation Ruling No. 2129/2026, dated November 10, 2026.
The Directorate General of Customs Valuation issued the ruling under Section 25A of the Customs Act, 1969, to ensure uniform assessment of duties and taxes at customs stations across the country.
Previously, customs values for sublimation paper had not been determined under Section 25A. However, an examination of import records revealed significant import volumes and substantial variations in declared and assessed values, prompting the Directorate to initiate a formal valuation exercise.
A stakeholder meeting was held on October 15, 2026, to obtain industry feedback and supporting documents. As no formal submissions were received, the Directorate examined representative commercial import data, excluding unusual entries, and determined the values under Sections 25(9) and 25(6) of the Customs Act.
Under the new ruling, sublimation paper classified under PCT code 4809.9000 will carry the following customs values on a cost and freight (C&F) basis:
• China and South Korea: $2.05 per kg (proposed WeBOC code 4809.9000.1000).
• Other origins: $2.47 per kg (proposed WeBOC code 4809.9000.1100).
The ruling also establishes assessment conditions for importers. Where declared or invoice values exceed the prescribed customs values, assessments will be conducted on the higher amounts under Section 25(1) of the Customs Act, 1969.
For consignments imported by air, the difference between air and sea freight will be added to the determined C&F value.
Importers and other aggrieved parties may challenge the ruling by filing a revision petition before the Director General of Customs Valuation, Karachi, within 30 days under Section 25D.
The ruling will remain effective until it is rescinded or revised under Section 25A(4) of the Customs Act, 1969.