Q.1.What
are import values of different
products?
Ans. The import values of different
products is determined in accordance
with:
i) Section 25 of Customs Act,
1969.
ii) Valuation Rules SRO 1369(I)/99
dated 24.12.1999.
Q.2.What is the method of valuation
of imports of Pakistan Customs?
Ans.The valuation of goods
imported in Pakistan is determined
according to GATT code of Valuation
and in the light of
i) Section 25 of Customs Act,
1969 and
ii) Valuation Rules SRO 1369(I)/99
dated 24.12.1999.
Q.3.What
is ITP (Import Trade Price)
of Suit case, Umbrella?
Ans. The ITP of Suit cases,
Umbrella is not fixed, it varies
subject to quality, brand, origin
and size.
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