KARACHI: Director Customs Valuation Dr. Wasif Memon has revised the customs values of sodium hydrogen (sodium bicarbonate) vide Valuation Ruling No.820/2016.

Customs values of Sodium Hydrogen (Sodium Bicarbonate) were determined vide Valuation Ruling No.424/2012.

The importers were demanding revision in prices of Sodium Hydrogen (Sodium Bicarbonate) (PCT heading 2836.3000) claiming that there is decline in the prices in the international market. Accordingly, to ascertain the current prices prevailing in the international market, an exercise to re-determine the customs value of Sodium Hydrogen (Sodium Bicarbonate) was undertaken by this Directorate General.

The Customs values of Sodium Bicarbonate (food grade) under PCT 2836.3000 of China origin is fixed at $0.26/KG, of Turkey at $0.27/KG and other origins at $0.28/KG.

The Customs values of Sodium Bicarbonate (pharma grade) under PCT 2836.3000 of China origin is fixed at $0.36/KG, of Korea at $0.40/KG and UK/EU at $0.45/KG.