Section 25A: Power to determine the customs value

40a[25A. Power to determine the customs value.- (1) Notwithstanding the provisions contained in section 25, 130,132[omitted] 123[omitted] the Director of Customs Valuation 88[on his own motion or]on a reference made to him by any person 88[or an officer of Customs], may determine the customs value of any goods or category of goods imported into or exported out of Pakistan, after following the methods laid down in section 25, whichever is applicable 130[: Provided that notwithstanding anything contained in any provision of this Act and any decision or judgment of any forum, authority or court, while determining the customs value under this section, the Director may 135[consult prices of goods available] internationally acclaimed publications, periodicals, bulletins or official websites of manufacturers of indenters of such goods.] (2) The Customs value determined under sub-section (1) shall be the applicable customs value for assessment of the relevant imported or exported goods 116[: Provided that where the value declared in a goods declaration, filed under section 79 or section 131 or mentioned in the invoice retrieved from the consignment, as the case may be, is higher than the value determined under sub-section (1), such higher value shall be the customs value.] 130[(2A) In case of any conflict in the customs value determined under sub-section (1), the Director General of Valuation shall determine the applicable customs value. ] (3) 124[Omitted] 93[(4) The customs value determined under sub-section (1) [, or the case may be under sub-section (2A)] 125[omitted], shall be applicable until and unless revised or rescinded by the competent authority.]

Effective date: 1969-03-03

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