KARACHI: The Director Customs Valuation Manzoor Memon has revised the customs values of metallic yarn vide Valuation Ruling No.796/2016.
The previous valuation of Acrylic Yarn was issued vide Valuation Ruling No.377/2011. Several importers approached this Directorate General for revision of the same since it was more than four years old.
The values of Acrylic yarn (raw white) under PCT chapter 55.09 of China/Far East are fixed at $4.0/KG; of India at $4.10/KG and of India (land route) at $3.90/KG.
The values of Metallic yarn under PCT chapter 56.05 of China are fixed at $5.40/KG.