KARACHI: Director Customs Valuation Manzoor Memon has revised the Customs values of stainless steel sheets, coils and circles of secondary quality vide Valuation Ruling No. 773/2015.
Customs values of stainless steel sheets, coils and circles of secondary quality were determined vide Valuation Ruling No.291/2011 in 2011.
All Pakistan Stainless Steel Importers Association has been demanding revision in prices of this commodity owing to downward trend in its prices in international market. In order to address this concern an exercise was undertaken and customs values of the goods were revised.
The customs values of secondary quality stainless steel sheets/coils/circles AISI-200 series under PCT chapter 72.19 of all origins excluding Japan India and China are fixed at $1.054/kg.
The customs values of secondary quality stainless steel sheets/coils/circles AISI-200 series under PCT chapter 72.19 of Japan origin are fixed at $1.212/kg.
The customs values of secondary quality stainless steel sheets/coils/circles AISI-200 series under PCT chapter 72.19 of India origin are fixed at $1.001/kg.
The customs values of secondary quality stainless steel sheets/coils/circles AISI-200 series under PCT chapter 72.19 of China origin are fixed at $0.948/kg.
The customs values of secondary quality stainless steel sheets/coils/circles AISI-300 series under PCT chapter 72.19 of all origins excluding Japan and China are fixed at $1.673/kg.
The customs values of secondary quality stainless steel sheets/coils/circles AISI-300 series under PCT chapter 72.19 of Japan origin are fixed at $1.924/kg.
The customs values of secondary quality stainless steel sheets/coils/circles AISI-300 series under PCT chapter 72.19 of China origin are fixed at $1.506/kg.
The customs values of secondary quality stainless steel sheets/coils/circles AISI-400 series under PCT chapter 72.20 of all origins excluding Japan and China are fixed at $0.87/kg.
The customs values of secondary quality stainless steel sheets/coils/circles AISI-400 series under PCT chapter 72.20 of China origin are fixed at $0.791/kg.
The customs values of secondary quality stainless steel sheets/coils/circles AISI-400 series under PCT chapter 72.20 of Japan origin are fixed at $1.0/kg.