KARACHI: The Federal Board of Revenue’s Directorate of Customs Valuation revised the customs values of replacement wheel rim (alloy/other than alloy).
Customs Valuation Director Wasif Memon revised the customs values of replacement wheel rim through Valuation Ruling No. 921/2016, which were earlier determined Ruling No.397/2011.
The customs values of alloy wheel rim under PCT 8708 of China origin are fixed at $2.18/kg, all other origins at $3.45/kg. The customs values of wheel rim (other than alloy) under PCT 8708 of China origin are fixed at $0.54/kg, all other origins at $0.64/kg.
