Customs values of polyester yarn revised

KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of polyester yarn vide Valuation Ruling No.928/2016.

All Pakistan Yarn Merchants Association (PYMA) Karachi contested that old Valuation Ruling No.817/2016 needs revision due to downward trend in international prices of the polyester yarn.

Consequently, an exercise was initiated to determine the values of polyester yarn afresh.

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