KARACHI: The Directorate General of Customs Valuation has determined the customs values of polyester suiting fabric vide valuation ruling No.770/2015.
The previous Valuation Ruling No. 483/2012 was more than three years old. Secondly the rationalization of value of the fabric already issued by the Directorate General vide Ruling No. 684/2014 also warranted revision. It is therefore deemed expedient to revise these rulings due to change in prices of fabric in international market.
Accordingly, polyester ladies shirting/suiting fabric of Indonesia, Thailand, Malaysia, Vietnam, UAE, Korea and India is assessed to duty and taxes at $5.5 per KG, while goods of Europe, USA and Canada origin will be assessed to duty and taxes at $6.0 per kg, goods of China to be assessed at $5.0 per kg.
Accordingly, polyester gents shirting/suiting fabric of Indonesia, Thailand, Malaysia, Vietnam, UAE, Korea and India is assessed to duty and taxes at $5.5 per KG, while goods of Europe, USA and Canada origin will be assessed to duty and taxes at $6.0 per kg, goods of China to be assessed at $5.0 per kg.
Polyester ladies net fabric of Indonesia, Thailand, Malaysia, Vietnam, UAE, Korea and India is assessed to duty and taxes at $5.5 per KG, while goods of Europe, USA and Canada origin will be assessed to duty and taxes at $6.0 per kg, goods of China to be assessed at $5.0 per kg.
Polyester ladies knitted fabric of Indonesia, Thailand, Malaysia, Vietnam, UAE, Korea and India is assessed to duty and taxes at $4.5 per KG, while goods of Europe, USA and Canada origin will be assessed to duty and taxes at $5.0 per kg, goods of China to be assessed at $4.25 per kg.
Polyester ladies shirting/suiting fabric (chenille, velvet), polyester pile fabric (knitted/narrow knitted) of Indonesia, Thailand, Malaysia, Vietnam, UAE, Korea and India is assessed to duty and taxes at $5.5 per KG, while goods of Europe, USA and Canada origin will be assessed to duty and taxes at $6.0 per kg, goods of China to be assessed at $5.0 per kg.
Polyester fabric (Georgette Chiffon 20-27 meters per kg) of Indonesia, Thailand, Malaysia, Vietnam, UAE, Korea and India is assessed to duty and taxes at $7.0 per KG, while goods of Europe, USA and Canada origin will be assessed to duty and taxes at $7.0 per kg, goods of China to be assessed at $7.0 per kg.