KARACHI: Director Customs Valuation Karachi Iqbal Muneeb has revised the Customs values of PVC transparent/clear and printed flexible sheets and PVC cling film vide valuation ruling No.1317/2018.

The Customs values of PVC transparent/clear and printed flexible sheets and PVC cling film were earlier determined vide valuation ruling No.1028/2017.

There were several representations from importers that customs values determined in the existing ruling were not reflective of prices in the international market. Therefore, an exercise was initiated to determine the customs values of the goods afresh.