KARACHI: Director Customs Valuation Karachi Iqbal Muneeb has revised the Customs values of artificial flowers and material vide Valuation Ruling No.1271/2018.

The Customs values of artificial flowers and material were earlier notified vide Valuation Ruling No.749/2015. Since the ruling was more than two years  old, an exercise was initiated to revise the customs values of the goods afresh.

The customs values of artificial flowers under PCT 6702.1000 of China are fixed at $4.25/kg. The customs values of artificial flowers material consisting of stems, flowers and leaves  etc under PCT 6702.1000 of China are fixed at $3.75/kg.