KARACHI: Directorate General of Customs Valuation has issued the reference values for INC brand shirts/T-shirts.
Directorate General initiated an exercise to develop database values for different items wherein it has been observed that declarations are wide range and do not correctly reflect values of the items as traded in the international market.
During the scrutiny of previous clearance data, it was noticed that INC brand shirts/T-shirts under PCT 6105 are being assessed at different values and certain transactions are on very low side.
Directorate General carefully examined clearance data and also conducted market inquiries to verify the authenticity of declarations. Online prices were also obtained to corroborate the findings of the market surveys.
The reference values of INC brand men and ladies shirts (all types) are determined at $7.5/pc. Reference values of INC brand men/ ladies T-shirts (all types) are determined at $6.0/pc. Reference values of INC brand boys shirts (all types) are determined at $4.0/pc. Reference values of INC brand boys T-shirts (all types) are determined at $3.5/pc.