Customs values of replacement wheel rim revised

KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of replacement wheel rim vide Valuation Ruling No. 921/2016.

The customs values of replacement wheel rim (alloy/other than alloy) were earlier determined vide Valuation Ruling No.397/2011. A number of representations were received from importers to re-determine the customs values in the light of existing international market prices.

The customs values of alloy wheel rim under PCT 8708 of China origin are fixed at $2.18/kg, all other origins at $3.45/kg.   The customs values of wheel rim (other than alloy) under PCT 8708 of China origin are fixed at $0.54/kg, all other origins at $0.64/kg.

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