Written by Hamza Shahnawaz in Taxation FBR has revised customs values for imported sodium sulphate anhydrous, replacing valuation rules that had been in force for more than a decade. The Federal Board of Revenue (FBR) has revised the customs valuation of sodium sulphate anhydrous, introducing new values after reviewing international prices, recent import trends and data from the preceding 90 days. Under Valuation Ruling No. 2107/2026, the Directorate General of Customs Valuation prescribed new customs values for the industrial chemical. The ruling supersedes Valuation Ruling No. 891/2016 dated July 27, 2016, read with Order-in-Revision No. 266/2016 dated November 21, 2016. FBR updates decade-old customs valuation The Directorate initiated the fresh valuation exercise after determining that the existing customs values had become more than 10 years old. A meeting with relevant stakeholders was held on September 18, 2026, where importers and other stakeholders presented their views and documentary evidence regarding prevailing market prices. Before the valuation exercise, notices were issued to relevant stakeholders, allowing them to submit invoices, contracts, price lists and other verifiable documents supporting their declared values. Importers told the Directorate that international prices of sodium sulphate anhydrous were higher than the values prescribed under the earlier ruling. They maintained that their declared transaction values reflected prevailing international market conditions. Stakeholders also requested that the revised valuation take into account import data from the preceding 90 days and current international price trends. Directorate reviews import and international price data The Directorate conducted a detailed analysis of import data for the preceding 90 days to determine prevailing transaction values and identify recent import trends. International price information presented by stakeholders was also examined alongside available import data and other relevant factors. The Directorate noted that sodium sulphate anhydrous is primarily an industrial product and is generally imported as a raw material for manufacturing processes. Accordingly,…