KARACHI: Director Customs Valuation Karachi Iqbal Muneeb has revised the customs values of polyester filament yarn vide Valuation ruling No.1338/2018.

The customs values of polyester filament yarn were determined vide valuation ruling No.1269/2018 and 1244/2018. Representations were received from Filament Yarn Manufacturers Association (Pakistan) and requested to re-determine customs values of goods in line with current values available in the international market.

Therefore, an exercise was initiated to determine customs values of goods afresh in the light of existing international market prices.