The Directorate General of Customs Valuation Karachi has revised customs values for a broad 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 revised values replace those set under Valuation Ruling No. 1958 of 2025, which had been 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 law.
Through Order in Revision No. 30 of 2025, dated April 17, 2025, the Director General Customs Valuation remanded the matter to the Directorate for a fresh determination.
The order instructed authorities to reassess product origins, review international price trends, and conduct a new valuation exercise in light of issues raised during the review proceedings.
Following the directive, the Directorate launched a fresh valuation process and issued notices to all relevant stakeholders. Detailed consultations were held with importers, dealers, and local manufacturers to gather input and supporting data.
During these discussions, the Pakistan Tyres Importers and Dealers Association argued that the previously notified customs values were higher than prevailing international prices.
The association stated that tyres imported from Thailand were priced similarly to those from Vietnam and called for a corresponding revision in valuation.
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PTIDA representatives emphasized that global tyre prices were currently lower and said customs values should reflect international market trends while maintaining a level playing field for all stakeholders.
They also maintained that declared import values were in line with recent import data and showed no evidence of under-invoicing.
The association further requested that valuation be based strictly on proper market inquiries under the Customs Act, 1969, and urged the exclusion of tyre sizes that were either irrelevant or not actually imported, warning that their inclusion could lead to misapplication of the ruling.
Local manufacturers, however, opposed any downward revision, arguing that the existing valuation was fair. They contended that domestic market surveys could be distorted due to the presence of smuggled tyres and suggested that customs values should instead be linked to verified prices in exporting countries.
In its ruling, the Directorate said it carefully examined submissions from all sides and carried out a detailed analysis of import data covering the preceding 90 days.
Documentary evidence from both importers and manufacturers was reviewed, and a supplier-wise database was developed containing transaction values and technical specifications of imported tyres.
The Directorate also contacted international manufacturers to verify prevailing global prices and conducted a market inquiry in line with its 2014 order and Section 25(7) of the Customs Act, 1969, to ensure transparency and accuracy in determining the revised customs values.
Officials said the updated valuation aims to better align customs values with international pricing realities while safeguarding revenue and ensuring fair competition in the domestic tyre market.
