KARACHI: Director Customs Valuation Dr. Wasif Memon has revised the customs values of Monosodium Glutamate vide Valuation Ruling No. 823/2016.
Customs values of monosodium glutamate were determined vide Valuation Ruling No.284/2010. The importers were demanding revision in prices of the product claiming that there was 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 values of monosodium glutamate was undertaken.
The customs values of monosodium glutamate (Ajinomoto brand) under PCT heading 2922.4210 of all origins are fixed at $1.70/KG in bulk packing and $1.90/KG in retail packing.
The customs values of monosodium glutamate (all other brands) under PCT heading 2922.4210 of all origins are fixed at $1.27/KG in bulk packing and $1.50/KG in retail packing.