Federal Board of Revenue on Tuesday issued fresh import values for solar panels for the assessment of customs duty and taxes on imported consignments. The new values were notified by the Directorate General of Customs Valuation through Valuation Ruling No. 2077/2026 under Section 25A of the Customs Act, 1969. According to the ruling, the revised valuation replaces Valuation Ruling No. 2012/2025 issued on July 18, 2025. International price increase prompts revision Customs authorities said the previous valuation had become outdated due to a significant increase in international solar panel prices over the past year. The FBR stated that officials conducted a detailed analysis of import data, declared values, assessed values and prevailing international market prices before revising the customs values. Authorities also held a meeting with stakeholders on April 27, 2026 to gather feedback and documentary evidence regarding current market conditions. New customs values for imported solar panels Under the revised ruling, the customs values for solar panels have been fixed as follows: • Solar Panels from Tier-I manufacturers: US$0.105 per watt • Solar Panels from manufacturers other than Tier-I: US$0.095 per…