Customs values of smart watches revised

ISLAMABAD: Directorate General of Customs Valuation, Karachi, has revised customs values of the smart watches, including Non-GSM smart watches, smart bands/ rings imported from all origins. The new valuation ruling number 2076 of 2026 has divided smart watches, etc. , into three categories for accurate assessment of duties and taxes. Category “A” included brands of Amazfit, Armitron, Aurafit, Awei, Black Shark, Blaktron, Boost, CMF, Fire-Boltt, Fitbit, Haylou / Yolo, Honor, Howear, Imilab, Infinix, Itel, Joyroom, Kieselect, LDNIO, Lenovo, Mibro, Miniso, Nordic, Oppo, Oraimo, Realme, Redmi, Sveston, Tozo, Vivo, Wiwu, and Xiaomi/Mi. Also read: Apple, Samsung, Google: new customs values fixed for used phones Category “B” covered brands of Dany, Faster, Login, Ronin, and Zero. Category “C” covered all other low-end brands. All other high-end brands like Apple, Samsung, Huawei, Garmin, and Google shall be assessed by the Clearance Collectorate under Section 25 of the Customs Act 1969 at Customs Values higher than that of Category “A” brands, the directorate stated. The ruling revealed that during import data analysis, it transpired that imports of smart watches are being under-invoiced, resulting in government revenue loss. Therefore, a preliminary analysis of import data, including declared values, assessed values, and prevailing market prices, was conducted to determine the customs values of the subject goods under Section 25A of the Customs Act, 1969. A meeting for the determination of customs values was held, which was attended by the relevant stakeholders. The viewpoints of the participants were heard in detail, and the stakeholders were requested to submit documentary evidence to substantiate their contentions. A market enquiry, as envisaged under sub-section (7)of Section 25 of the Customs Act, 1969, was also conducted in accordance with the procedure laid down in the Office Order. Consequently, customs values of Non-GSM smart watch and smart band/ ring have been determined under section 25(7) of the Customs Act, 1969, the ruling added. Copyright Business Recorder, 2026

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