KARACHI: Director Customs Valuation Dr. Wasif Memon has revised the customs values of ceramic and porcelain tiles vide valuation ruling No.874/2016.
The values of these goods were earlier determined vide valuation ruling No.758/2016.
Importers of tiles have repeatedly agitated against determined values and requested for revision of values on the ground that the existing valuation ruling is more than 90 days old and price in international market especially China is considerably lower.
Keeping in view the aforesaid position, an exercise to re-determine the customs values of ceramic and porcelain tiles was initiated.
