Pakistan has increased the assessed customs values on solar panel imports from all countries following a new decision by the Directorate General of Customs Valuation, Karachi, just ahead of the federal budget for FY 2026–27.

According to Valuation Ruling 2077 of 2026 issued on Tuesday, the revision was made in response to rising global solar panel prices since the previous assessment in 2025.

Officials said the updated valuation was based on a detailed review of import data, including declared and assessed values as well as current international market trends, under Section 25A of the Customs Act, 1969.

The department also held consultations with industry stakeholders during the process and examined documentation provided by importers regarding pricing patterns and market conditions.

Authorities added that multiple valuation methods under Section 25 of the Customs Act were evaluated before finalizing the new rates. The “similar goods” method was ultimately used after finding limitations in both transaction value and identical goods approaches.

The revised customs values apply to Tier I solar panel manufacturers listed in Bloomberg NEF’s Global PV Market Outlook for the last two quarters, including major global brands such as Jinko Solar, LONGi, Trina Solar, JA Solar, Canadian Solar, First Solar, BYD, and others.

Importers may still qualify under the Tier I category for unlisted manufacturers if they provide sufficient documentary proof confirming the product’s eligibility.

The ruling also states that solar panels imported in semi-knocked-down (SKD) form will be assessed at 12.5% lower customs values under the new framework.