- Pakistan Customs issued Valuation Ruling No. 1995 of 2025 for ammunition imports
- Aims to streamline import assessments and ensure uniformity and transparency
- New customs values set as minimum thresholds for duty assessment
- Initiated due to stakeholder concerns over high valuation levels
- Comprehensive analysis conducted using various valuation methods
- Specific customs values provided for different ammunition calibers
- Traders can file a revision petition within 30 days if dissatisfied
- Customs officials instructed to implement new values and report anomalies
Source: pkrevenue.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.