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The Directorate General of Customs Valuation has determined the Customs values of household sewing machine motors/servo motor vide Valuation Ruling No. 750/2015.

It was brought to the notice of the Directorate General that the household sewing machine motors and Servo motors are being imported at lower and variable values. Therefore, an exercise to determine the customs values of the subject goods was initiated. Meetings were held with stakeholders including importers, local manufacturers and representatives of trade bodies.

During the meetings, the importers appreciated determination of Customs values of household sewing machine motors and Servo motors.

Household sewing machine motor with foot controller 100W of China origin under PCT 8501.2000 would be assessed to duty and taxes at $2.25 per set;

Household sewing machine motor with foot controller 110W of China origin under PCT 8501.2000 would be assessed to duty and taxes at $2.32 per set;

Household sewing machine motor with foot controller 150W of China origin under PCT 8501.2000 would be assessed to duty and taxes at $2.50 per set;

Household sewing machine motor with foot controller 180W of China origin under PCT 8501.2000 would be assessed to duty and taxes at $2.78 per set;

Household sewing machine motor with foot controller 250W of China origin under PCT 8501.2000 would be assessed to duty and taxes at $3.00 per set;

Servo Motors 400W of China origin under PCT 8501.4090 would be assessed to duty and taxes at $28 per piece while Servo Motors 550W of China origin under PCT 8501.4090 would be assessed to duty and taxes at $30 per piece.

Source: http://www.customstoday.com.pk/