KARACHI: Model Customs Collectorate Appraisement (West) on Wednesday issued assessment guideline of mold release preparations of China and Korea origin and determined customs value at $1.5/Kg for collection of duty/tax.
The notification said that imported mold release preparations should not be charged less than $1.5/Kg C&F Karachi which is falling under HS code 3404.9910.
All customs officials have been directed to follow the guideline accordingly and any failure to the guideline will be liable to strict disciplinary action under the relevant provisions of the law.