Customs values of silicone dioxide, iron oxide revised

KARACHI: The Directorate of Customs Valuation has revised the customs values of silicone dioxide and iron oxide vide Valuation Ruling No.1151/2017.

Silicone dioxide and iron oxide were selected for determination of customs values due to vide variation in declared and assessed values. An exercise was initiated to determine the customs values of the goods for uniform applicability.

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Customs values of silicone dioxide (non-pharmaceutical grade) under PCT 2811.2200 of China/India are fixed at $1.10/kg, of Germany at $1.70/kg.

Customs values of iron oxide red under PCT 2821.1010 of china 1.06/kg. Customs values of iron oxide yellow under PCT 2821.1010 of china 1.30/kg.

Customs values of iron oxide yellow (Bay Ferrox grade) under PCT 2821.1010 of china 1.67/kg.