The Directorate General of Customs Valuation Karachi has issued new customs values for imported infant milk preparations, covering products from Europe, Australia, New Zealand, the Far East, Saudi Arabia, and all other origins.
According to Valuation Ruling No. 2060 of 2026, the revised values will apply to infant formula, follow-up formula, grown-up formula in tin and soft packing, lactose-free formula, and premature formula.
The ruling replaces the earlier Valuation Ruling No. 1771/2023 issued on April 18, 2023, which the directorate said had become outdated after more than three years.
Officials said a fresh valuation exercise was initiated after issuing notices to stakeholders and holding consultations to incorporate their input and concerns.
During the meetings, stakeholders informed the directorate that international prices of the products had increased, and requested that customs values be revised in line with current international and transaction prices.
The directorate said it reviewed import data from the last 90 days covering January to March 2026, along with documents submitted by stakeholders, to prepare a supplier-wise database of transaction values.
According to the ruling, the new customs values have been determined under Section 25(6) of the Customs Act, 1969, with the objective of ensuring that the valuation remains fair, transparent, and legally compliant.