KARACHI: The Directorate of Customs Valuation has determined the customs values of disposable plastic boxes, case conters, bowls, poly propylene jelly cups and similar articles including plastic disposable household articles of all origins.
The Customs Valuation Director General Syed Tanveer Ahmed amended the Valuation Ruling No 882/2016 and fixed the value of above-said articles at PCT 3923 at $3.0/kg.
M/s Synthetic Product Enterprises engaged in business of manufacturing, local supply and export of plastic cups/food containers/disposable food packaging approached Directorate General of Customs Valuation seeking modification in the Valuation Ruling No.882/2016.
The petitioner submitted the goods were being exported at a price varying between $5.01/kg to $5.14/kg. Further export prices quoted by a Chinese exporter M/s Ruian Polyprint Import & Export Company vary between $3.75 to $4.97/kg.
The petitioner also submitted that the values determined vide Valuation Ruling No.882/2016 were not supported by actual calculation or the prevailing international prices. The director general amended the impugned Valuation Ruling and fixed the values of the goods at $3.0/kg.
