Customs Valuation issues guideline for Cigarette Paper

KARACHI: The Directorate General, Customs Valuation issued new guideline/reference for Cigarette Paper of Vietnamese origin fixing the new value to US $ 2.0 per kilogram.

According to the guideline issued by Ch. Rizwan Bashir Kalair, the new guideline was prompted as clearance data revealed that in certain transactions Cigarette paper was assessed on very low side.

This Directorate General after carefully examining the data, international market prices and market survey including online prices has come to a new guideline, it said directing the formations to consider the value given above before finalizing the assessment of the subject item.

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