Customs values locks revised

KARACHI: Directorate of Customs Valuation has revised the customs values of Knob & Handle Door Locks, Door Handle Thumb Action Lock (Entrance Lock), Night Latch & Rim Lock of low end/unpopular brands vide Valuation Ruling No.1075/2017.

The customs values of Knob & Handle Door Locks, Door Handle Thumb Action Lock (Entrance Lock), Night Latch & Rim Lock of low end brands were determined vide Valuation Ruling No.697/20 14.

Since over 03 years had passed therefore, with a view to reflect the current prices prevailing in the international market of these items, Directorate General conducted an exercise to determine the customs values of the subject goods.

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