KARACHI: Directorate of Customs Valuation has revised the customs values of aluminum utensils vide Valuation Ruling No.1201/2017.
Earlier Directorate General issued a Valuation Ruling No. 1060/2017 of Aluminum Utensils. Being aggrieved with the values determined vide above valuation ruling, some importers filed revision petition before the Director General.
After hearing the petitioners an Order in Revision was issued by the Director General of Customs Valuation Karachi and case was remanded back to the Director of Customs valuation to conduct afresh investigations and issue a fresh Valuation Ruling for Chinese origin Aluminum Non- Stick kitchen ware with or without Lid so that the value reflects properly the weight of the glass Lid.
Customs values of aluminum component of non-stick kitchen ware (with/without lid) under PCT 7615.1000 of China are fixed at $5.0/kg.
Customs values of aluminum cooking ware (simple/plain and anodized) under PCT 7615.1000 of China are fixed at $3.5/kg.