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SRI LANKA NEWS

Pakistan Customs revises valuations of coconut oil imported from Sri Lanka, Malaysia, Indonesia and the Philippines - Investify

Lanka Hit News • Oct 21, 2026 · 1w ago • 2 min read
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Profit by Pakistan Today • 21 Oct 2026, 10:15 AM PKT • 1 min read

Pakistan Customs has issued a new assessment schedule for imported coconut oil, setting kilogram rates from $1.92 to $2.52 according to origin and packaging. Profit by Pakistan Today reported that the October 16 ruling replaces the February schedule and covers oil from Sri Lanka, Malaysia, Indonesia, the Philippines and other origins. Virgin and extra virgin varieties are outside the revised benchmarks.

For bulk shipments, the lowest benchmark applies to Philippine and Indonesian oil at $1.92 per kg; Sri Lankan product is set at $2.23, while other origins carry $2.32. Retail-packaged oil ranges from $2.12 for Philippine and Indonesian imports to $2.52 for other countries. Customs reached the new figures after reviewing import records and market information, amid objections from importers about comparisons with international prices. If an invoice declares a value above the customs benchmark, duties and taxes will be calculated using that higher figure; importers can seek a review within 30 days.

The customs benchmarks affect the duty and tax calculation for coconut oil imports, with relevance to the food and personal care products sector.

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