The Directorate General of Customs Valuation Karachi has revised customs values for a wide range of passenger car tyres and tubes imported from Japan, Vietnam, Thailand, ASEAN countries, China, and other origins.
According to Valuation Ruling No. 2086 of 2026, the customs values of passenger car tyres and tubes were previously determined under Valuation Ruling No. 1958 of 2025 issued under Section 25A of the Customs Act, 1969. The earlier ruling was challenged before the Director General Customs Valuation under Section 25D of the Customs Act.
Through Order in Revision No. 30 of 2025, dated April 17, 2025, the Director General remanded the matter to the Directorate for a fresh determination of customs values. The order directed the Directorate to re-examine issues related to product origins and international price trends and conduct a new valuation exercise in light of the observations made during the review proceedings.
Following the directive, the Directorate initiated a fresh valuation exercise and issued notices to relevant stakeholders. Extensive consultations and discussions were held with importers, dealers, and local manufacturers.
During the meetings, the Pakistan Tyres Importers and Dealers Association (PTIDA) argued that the existing customs values were higher than prevailing international prices. The association maintained that tyres originating from Thailand were priced similarly to those from Vietnam and requested that the valuation be revised accordingly.
Representatives of the association stated that international prices were currently lower and emphasized the need for customs values to reflect prevailing global trends while ensuring a level playing field for all stakeholders.
They also argued that valuation should be based on proper market inquiries conducted under the Customs Act, 1969, and maintained that declared import values were consistent with recent import trends without evidence of under invoicing. The association further requested the exclusion of irrelevant or non imported tyre sizes from the valuation ruling to prevent potential misapplication.
Representatives of local manufacturers, however, maintained that the existing valuation was fair and should remain unchanged. They also argued that market inquiries may not provide an accurate basis for tyre valuation due to the presence of smuggled products in the market and suggested that customs values should instead be based on actual prices in exporting countries.
The Directorate stated that it carefully examined the views of all stakeholders and conducted a detailed review of import data covering the preceding 90 days. Documentary evidence submitted by importers and local manufacturers was also analyzed to develop a supplier wise database containing transaction values and detailed specifications of imported products.
In addition, international manufacturers were approached to verify prevailing global prices of the products under review. The Directorate further conducted a market inquiry in accordance with its 2014 order and Section 25(7) of the Customs Act, 1969, to ensure transparency and accuracy in determining customs values.