KARACHI: Directorate General Customs Valuation has revised the customs values of vacuum flasks.
The customs authorities issued fresh valuation ruling no.864/2016, revising its earlier valuation ruling no.473/2012 when it came into their notice that the rates of vacuum flasks has increased in the international market.
Hence, an exercise was carried out to re-determine the values of vacuum flasks afresh under PCT 9617.0010.
According to the fresh ruling, the values of vacuum flasks with outer casing of coated GP sheet with inside refill of glass of China origin have been fixed at $2.5/kg, of Japan at $3.2/kg and all other origins at $2.75/kg. The values of vacuum flasks with outer casing of stainless steel with inside refill of glass of China origin have been fixed at $3.8/kg and of all other origins at $4.3/kg.
The values of vacuum flasks with outer casing of stainless steel with inside refill of stainless steel of China origin have been fixed at $4.8/kg, of Japan/USA at $6.5/kg and of all other origins at $5.5/kg.
The customs values of vacuum flasks with outer casing of plastic with inside refill of glass of China origin have been fixed at $2.0/kg and all other origins at $2.3/kg.
