Customs fixes new import values for lithium batteries to curb under-invoicing

The Directorate General of Customs Valuation Karachi has revised customs values on imported lithium batteries to counter massive under-invoicing by importers. 

The updated valuation ruling No. 1964 of 2025 applies to Lithium-Ion Batteries (IP-20), (IP-21), and (IP-65). However, lithium-ion batteries used in mobile phones, laptops, tablets, and similar electronic devices remain exempt from…