KARACHI: The Directorate General of Customs Values has revised the Customs values of Textile lining Material vide Valuation Ruling No. 630/2013.
Customs values of Textile Lining Material was earlier determined vide Valuation Ruling No.483/2012. Various representations were received including representation made by Karachi Chamber of Commerce and Industry (KCCI) regarding revision of Customs value of the said goods in order to reflect the current price trend of these goods in the international markets.
According to the revised Customs values Textile Lining Material of China origin shall be assessed to duty and taxes at the rate of $3.0 per kg.