The Directorate General of Customs Valuation in Karachi has revised customs values for imported auto replacement and engine parts, including piston and ring sets, covering shipments from key markets such as China, South Korea, Taiwan, the United States, Japan, and several European and Southeast Asian countries.
The revision follows requests from industry stakeholders for an update in line with current market conditions. The previous valuation, issued on May 12, 2020, had exceeded its review period under Section 25A of the Customs Act, 1969.
To reassess the values, the directorate held consultations with stakeholders, including representatives from the Pakistan Automobile Spare Parts Importers and Dealers Association and Indus Motor Company, to evaluate market trends and pricing structures.
Officials said the updated valuation considers variations in engine capacity, vehicle type, origin, and quality, particularly for older vehicles in Pakistan that require frequent replacement of engine components.
The review also found wide discrepancies in declared import values across different consignments and origins, making consistent valuation difficult under existing methods.
To address this, authorities introduced a more refined engine capacity-based segmentation system, supported by market surveys and import data analysis. The new values have been set under relevant provisions of the Customs Act, 1969, and are expected to affect import duty calculations for engine parts in Pakistan’s aftermarket auto sector.
