Customs values of stationary items revised

Customs values of stationary items revised

KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of stationary items vide Valuation Ruling No.961/2016.

Customs values of stationary items were earlier determined vide Valuation Ruling No.868/2016. Meanwhile, representations were received from importers and the representative association of the importers with request that the Valuation Ruling is over 90 days old and it was issued without considering prevailing prices in the international market.

An exercise was initiated to determine the customs values of stationary items afresh.

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