KARACHI: The Director Customs Valuation Wasif Memon has revised the customs values of rubber foam insulation pipe vide Valuation Ruling No.936/2016.
Customs values of rubber foam insulation pipe were earlier determined vide Valuation Ruling No.332/2011 followed by a corrigendum. Some requested for revision of the values of rubber foam insulation pipe in line with the order of High Court.
Therefore, an exercise was initiated to determine the values of the goods afresh.
The customs values of rubber foam insulation pipe under PCT 4009.1190 of China origin are fixed at $3.8/kg, of UAE at $3.15/kg, of Malaysia at $3.3/kg of Thailand at $3.45/kg and other origins at $4.15/kg.