KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of metalic yarn vide Valuation Ruling No.964/2016.

Customs values of metallic yarn were earlier determined vide Valuation Ruling No.796/2016. Meanwhile, representations were received from importers with request to determine the customs values of goods afresh in line with prices prevailing in the international market.

Customs values of aluminum metalized metalic yarn (all colors) M-Type under PCT 5605 are fixed at $4.0/kg for goods of India/China origin and $7.0/kg for goods of other origins.

Customs values of aluminum metalized metalic yarn (all colors) ST/MX/MS-Type under PCT 5605 are fixed at $4.2/kg for goods of India/China origin and $9.0/kg for goods of other origins.