KARACHI: Directorate of Customs Valuation has revised the customs values of disposable foam cups vide Valuation Ruling No.1002/2017.
Customs values of disposable foam cups were earlier determined vide Valuation Ruling No.433/2012, which is over four years old.
Therefore, Director Wasif Memon formed a team comprising Additional Director Imtiaz Khoso, Deputy Director Abdul Majeed, Principal Appraiser SAfdar Abbas and Valuation Officer H.M Jokhio to determine the values of the goods afresh.
The customs values of disposable foam cups under PCT 3924.1000 of China/UAE/Kuwait/Saudi Arabia are fixed at $3.15/kg, of Malaysia/Indonesia/Thailand at $3.6/kg and other origins at $3.85/kg.
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