The Directorate General of Customs Valuation Karachi has revised upward the customs values on imported solar panels from all countries ahead of the federal budget for fiscal year 2026-27.
According to Valuation Ruling 2077 of 2026 issued on Tuesday, the revised values were introduced after customs authorities observed an increase in international solar panel prices since the previous valuation ruling issued in 2025.
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Officials said the valuation process included analysis of import data, declared and assessed values, and prevailing international market rates under Section 25A of the Customs Act, 1969.
The directorate also held consultations with stakeholders and reviewed documents submitted by importers regarding pricing trends and market conditions before finalizing the updated values.
According to the ruling, customs authorities examined multiple valuation methods under Section 25 of the Customs Act before adopting the similar goods value method due to limitations in other valuation mechanisms.
The revised framework applies to Tier I solar panel manufacturers listed in BloombergNEF’s Global PV Market Outlook during the last two quarters.
These include major international brands such as Jinko Solar, LONGi, Trina Solar, JA Solar, Canadian Solar, First Solar, and BYD.
The ruling further stated that importers may still qualify under the Tier I category if they provide documentary evidence proving that the imported panels belong to a recognized Tier I manufacturer not specifically named in the ruling.
Customs authorities also announced that solar panels imported in semi knocked down condition will be assessed at values 12.5 percent lower than the standard customs values under the revised framework.
