The Directorate General Customs Valuation Karachi has revised customs values on tyres and tubes of trucks and buses imported from Japan and China.
The Directorate has also revised customs values on the import of dry coconut and dry copra from Sri Lanka, Indonesia, and Malaysia, desiccated coconut imported from all origins, and amended values on the import of frozen pangasius fillet, rohu and salmon fish from Vietnam and Myanmar.
According to a valuation ruling issued on Monday, the customs values on the import of tyres and tubes of light trucks and buses have been revised. Through another ruling, the customs values of frozen pangasius fillet, rohu and salmon fish have been determined.
Earlier, the Customs values of frozen pangasius fillet, rohu and salmon fish were determined under Section 25A of the Customs Act, 1969 vide Valuation Ruling No.1399/2019. The existing valuation ruling was more than three years old and the customs values determined therein were not reflective of the prevailing international market. Therefore, an exercise has been undertaken by this Directorate to determine the same.
Under two other separate rulings, the customs values of dry coconut/dry copra and desiccated coconut have also been determined.
What was the purpose of this article? If the Management of ProPakistani ever wonder why their bounce rate is going up then this is the perfect answer to their question. Or if this is the standard level of reporting now then ignore me. I guess I’m the only one here who wants to see a comparison of old and new rates. Will this have any effect on locally manufactured tyres? A few more dots could have been connected to improve the content under this link instead of just repeating the headline.
Totally agree with you.
Agree with you Umar
absolutly right umer