KARACHI: The Directorate General of Customs Valuation has revised the customs values of viscose suiting sabrics vide Valuation Ruling No. 776/2015.
According to details, the valuation of viscose suiting fabric was determined vide Valuation Ruling No.748/2015. The exercise for revision of the values was initiated in pursuance of the FBR’s directives to conduct de-novo exercise of valuation of imported fabric in consultation with stakeholders.
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Accordingly, viscose suiting fabrics (plain, printed, dyed and embroider under PCT chapters 54.08 and 55.16 of China origin would be assessed to duty and taxes at $4.85/kg.
