KARACHI: Directorate of Customs Valuation has revised the customs values of Polyolefin Shrink film vide Valuation Ruling No.1039/2017.

The values of Polyolefin Shrink film were earlier notified vide Valuation Ruling No494/2012. Several representations were received from importers and traders for determination of values of the goods as per international price trend.

The customs values of Polyolefin Shrink film under PCT 3920 of China are fixed at $3.0/kg, of UAE at $3.15/kg, of USA at $6.0/kg all other origins at $3.5/kg.