Solar Panel Prices are set to drop again as Customs revised valuation as low as $0.08 per Watt in major boost for green energy in Pakistan.
Importers are having a field day as DG Customs Valuation officially slashed customs values for solar panels, bringing massive relief to importers and installers alike. The newly issued Valuation Ruling No. 2012/2025, slashd import values of solar panels to as low as US$0.08 per Watt, down from previously inflated rates, in game-changer for Pakistan’s clean energy future.
The move comes after months of mounting pressure from Pakistan Solar Association (PSA) and other key stakeholders, who warned that outdated customs valuations were crippling the industry. Importers were stuck in limbo with banks refusing to process under-declared invoices while customs held firm to old, unrealistic rates.
With solar panel prices coming down globally, stakeholders demanded immediate action and it happened. Several major importers missed the meeting, and they were overseas at a two-month-long solar mega expo in China. Meanwhile, delays hit the Directorate due to sudden staff reshuffles.
Customs authorities dug deep into Section 25 of the Customs Act, 1969, testing every method to fairly reset the rates. The usual go-to — the Transaction Value Method — was rejected due to lack of full documentation. Even identical goods data couldn’t pass the test.
Finally, using the Similar Goods Method and cross-checking 90 days of clearance records, Customs reached a verdict: prices had dropped, and so must valuations.
Good News for Solar Users in Pakistan as No Tariff Cuts in July, August 2025
