Karachi, February 16, 2026 – The Directorate General of Customs Valuation, under the Government of Pakistan, has issued a new Valuation Ruling No. 2042/2026 to determine uniform customs values for imported coconut oil under Section 25A of the Customs Act, 1969.
According to the ruling, the decision was taken to address inconsistencies in declared import values that were causing disparities in assessments and market distortions. The valuation will remain applicable until revised or rescinded in accordance with the law.
Stakeholder Consultations and Market Analysis
Customs authorities initiated the valuation exercise after receiving representations from stakeholders who highlighted that coconut oil imports were being cleared at unrealistically low values. Meetings were held with importers and industry representatives to ensure transparency and alignment with international market prices.
The Directorate analyzed import data from the previous 90 days, reviewed international price benchmarks, and examined both edible and industrial grades of coconut oil to ensure accurate classification and fair valuation.
Valuation Methodology
Several valuation methods under Section 25 of the Customs Act were sequentially applied. Due to the lack of verifiable transaction data and inconsistent local market prices, the customs values were ultimately determined using market information from credible international sources, ensuring compliance with legal requirements.
New Customs Values for Coconut Oil
Under the ruling, customs values (C&F) per kilogram have been fixed as follows:
Bulk Packing:
• Philippines / Indonesia: USD 1.80
• Malaysia: USD 1.85
• Sri Lanka: USD 2.60
• Other origins: USD 2.70
Retail Packing:
• Philippines /Indonesia: USD 2.00
• Malaysia: USD 2.05
• Sri Lanka: USD 2.80
• Other origins: USD 2.90
Virgin and Extra Virgin Coconut Oil have been excluded from this valuation due to their premium quality.
Implementation and Legal Provisions
If an importer declares a value higher than the fixed customs value, the higher value will be used for assessment. In the case of air shipments, the difference between air and sea freight will also be added.
All Collectorates of Customs have been directed to ensure strict implementation of the ruling. Any anomalies must be reported immediately to the Directorate
Right to Appeal
Importers may file a revision petition under Section 25D of the Customs Act, 1969, within 30 days before the Director General, Customs Valuation.