In a move to ease the burden on importers, the Directorate General of Customs Valuation has significantly reduced the customs values for the import of old and used computers, laptops, printers, and related accessories from all origins.
The reduction, announced under Valuation Ruling 2000 of 2025, follows an extensive review of the existing valuation framework that had been in place for over a year. The customs department stated that the new values aim to better align with current market trends and the depreciation of older technological models.
The decision was made after analysis of imported data and consultations with key stakeholders. These discussions highlighted the pressing need to update the customs valuation in response to the declining prices of older technology and the increasing availability of used electronics in the market.
As per the new ruling, the revised customs values will be applicable to all imports of used computers and related accessories. This update is expected to streamline the process of assessing duties and taxes, providing a much-needed relief for importers who have been facing challenges due to outdated customs valuations.
This step is seen as a positive development for the local tech industry, particularly for businesses that rely on importing used equipment to cater to growing consumer demand for affordable technology. Industry experts have welcomed the revision, noting that it will not only reduce costs but also enhance the competitiveness of the market.
