Customs Act, 1969

CHAPTER-V

LEVY OF, EXEMPTION FROM, AND REPAYMENT OF, CUSTOMS-DUTIES

From: 2023-08-01 - To: 0000-00-00 1[25B. [Omitted.] __________________________________________________________________ 1-Inserted by Finance Act, 1988 and Omitted by Finance Act, 2004 (II of 2004), S.3(4), page 14. At the time of omission was as under:- “25B. Determination of Value not covered by section 25.- (1) If the value of the imported goods cannot be determined under section 25, the value, subject to the rules, shall be the transaction value of identical goods sold for export to Pakistan and exported at or about the same time as the goods being valued. (2) If the value of the imported goods cannot be determined under sub-section (1), the value, subject to the rules, shall be the transaction value of similar goods sold for export to Pakistan and exported at or about the same time as the goods being valued. (3) If the value of the imported goods cannot be determined under sub-section (2), the value shall be determined as follows- (a) if the imported goods or identical or similar imported goods are sold in Pakistan in the condition as imported, then the value of the imported goods shall be based on the unit price at which the imported goods or identical or similar imported goods, are so sold in the greatest aggregate quantity, at or about the time of the importation of the goods being valued, to persons who are not related to the persons from whom they buy such goods, subject to such deductions as may be provided in the rules; and (b) If…