KARACHI: Directorate of Customs Valuation has revised the customs values of Mosquito (Polyester/nylon) knitted dyed fabric vide Valuation Ruling No.1017/2017.
Reports were received in the Directorate General of Customs Valuation that Polyester Ladies Net Fabric of Valuation Ruling No.784/2015 is being mis-declared and cleared under the garb of Mosquito (Polyester/Nylon) Knitted Dyed Net Fabric on the lower values under different HS Codes.
Therefore, an exercise was carried out for determination of fair value of Mosquito (Polyester/Nylon) Knitted Dyed Net Fabric as per prevailing international prices. In the light of forgoing, an exercise was undertaken by this Directorate General to determine the fair values of Mosquito (Polyester/Nylon) Knitted Dyed Net Fabric according to trends prevailing in the current international market.
