KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of fruit jam vide Valuation Ruling No.898/2016.

Consequent upon representation by commercial importers, regarding revision of Valuation Ruling No.725/2015 for fruit jams, an exercise was initiated to determined customs values of fruit jams under HS Code 20.07.

The customs values of fruit jams of Europe/USA/Canada origin are fixed at $2.3/kg; of Malaysia/Indonesia, Thailand/UAE at $1.4/kg and all other origins at $1.5/kg.

The customs values of fruit marmalade of citrus fruit of Europe/USA/Canada origin are fixed at $2.2/kg; of Malaysia/Indonesia, Thailand/UAE at $1.3/kg and all other origins at $1.4/kg.