KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of zip sliders/zip runners (low end brands) vide Valuation Ruling No. 889/2016.
It came to the notice of Directorate General Customs valuation that the values of zip sliders/zip runners have considerably increased in the international market as compared to the values determined earlier vide Valuation Ruling No. 480/2012. An exercise was initiated to determine the values of zip sliders/zip runners under PCT 9607 afresh.
The customs values of zip sliders/zip runners -zinc – of China are fixed at $4.0/kg, of all other origins at $4.6/kg.
The customs values of zip sliders/zip runners -brass – of China are fixed at $8.0/kg, of all other origins at $8.7/kg.
The customs values of zip sliders/zip runners -non-magnetic steel – of China are fixed at $3.5/kg, of all other origins at $4.0/kg.
The customs values of zip sliders/zip runners -magnetic steel – of China are fixed at $3.15/kg, of all other origins at $3.7/kg.