Ref.No. PHMA Cir-007/2026 Dated: 02nd April 2026

Dear Members,

This is to inform you that the Directorate General of Customs Valuation, Karachi has issued a new Valuation Ruling No. 2058/2026 dated 25.02.2026 (copy attached) regarding the determination of customs values of different Polyester Fabrics (other than shirting/suiting) under Section 25A of the Customs Act, 1969. This ruling has superseded the earlier Valuation Rulings issued in 2019 and 2023 and shall remain effective unless revised or withdrawn by the competent authority.

Under this new ruling, customs values on a C&F basis have been re-determined for various categories of polyester fabrics, including unbleached (grey), bleached, dyed, and printed fabrics. The revised valuation range generally falls between approximately US$ 2.05 per kg to US$ 4.75 per kg, depending upon the type, construction, and weight specifications of the fabric.

The Directorate has determined these values after conducting a detailed analysis of import data for the period January to March 2026 and reviewing relevant stakeholder input. Since sufficient information for applying the transaction value method was not available, the customs values have been finalized under the “Similar Goods Method” in accordance with Section 25 of the Customs Act, 1969.

The ruling is applicable to all imports of polyester fabrics (excluding shirting and suiting) from all origins. Members are advised to note that where the declared or invoice value is higher than the determined customs value, the higher value shall be considered for the purpose of assessment of duties and taxes. Furthermore, in case of air shipments, the applicable air freight differential shall be added to the customs value.

PHMA is cognizant of the concerns of members, particularly those operating under the Export Facilitation Scheme (EFS), who may face practical difficulties due to value mismatches at the time of export, especially while filing Export Goods Declarations (EGDs). In this regard, PHMA has already taken up the matter with the relevant authorities and will continue to advocate for necessary facilitation and relief measures for the exporting community.

All members are therefore advised to carefully review the revised valuation benchmarks and ensure compliance in their import declarations and related documentation. Members should also align their costing structures and export documentation accordingly to avoid any discrepancies. In case of any operational challenges or issues arising from the implementation of this ruling, members are encouraged to inform PHMA so that the matter may be taken up with the concerned authorities.

PHMA remains fully committed to facilitating its members and safeguarding the interests of Pakistan’s hosiery and knitwear export sector. Any further developments in this regard will be duly communicated.

With best regards,

Khadim Rasool
Secretary General