Customs values of fleece fabric revised

KARACHI: Director Customs Valuation Karachi Iqbal Muneeb has revised the customs values of fleece fabric vide Valuation Ruling No. 1326/2018.

The customs values of fleece fabric were earlier determined vide Valuation Ruling No.683/2014. Several representations from commercial importers including Karachi Textile Lining and Coated Fabrics Association were received wherein they requested to revise the existing valuation ruling in accordance with the prices in the international market. The existing ruling is more than three years old and needed to be revised.

The customs values of polyester polar fleece fabric plain under PCT 60.01 of China is valued at $3.4/kg. The customs values of polyester polar fleece fabric printed under PCT 60.01 of China is valued at $3.7/kg.

The customs values of sherpa fleece fabric under PCT 60.01 of China is valued at $3.75/kg. The customs values of polyester tricot fleece fabric plain under PCT 60.01 of China is valued at $3.3/kg.

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