Broom Stick Customs Value Against Valuation Ruling 1601/2022

Last Updated: March 7, 2022
Category: Valuation Ruling

Valuation Ruling 1601/2022

In Valuation Ruling 1601/2022, Customs Values of Broom Stick are determined under Section 25-A of the Customs Act, 1969.

Customs Values of Broom Stick

Background of the valuation issue: Earlier, the customs value of Broom Stick was determined under Section 25A of the Customs Act, 1969 vide Valuation Ruling No.1006/2017 dated 10-01-2017. The said valuation ruling was more than five years old therefore, a re-determination of customs values of these goods was deemed necessary to reflect the prevailing international price trend of these goods. This prompted an exercise to determine the customs values of these goods.

Broom Stick Hs Code

Broom stick hs code is 1404.9049.

Customs values hereinafter specified shall be assessed to duty/taxes at the following minimum Customs Values:-

Description of goods:
Broom Stick Eckels


Sri Lanka/ Indonesia &  Origin

Customs Values:
0.39 C&F US$/Kg


Other Origin

Customs Values:
0.46 C&F US$/Kg


Description of goods:
Broom Stick Flower


Sri Lanka/ Indonesia &  Origin

Customs Values:
0.90 C&F US$/Kg


Other Origin

Customs Values:
0.95 C&F US$/Kg


Broom-Stick-Customs-Value-Against-Valuation-Ruling-16012022

Valuation Ruling 1601/2022

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