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Home Breaking News

DG Valuation revises customs values of chemicals vide VR No1480/2020

byCT Report
24/10/2020
in Breaking News, Karachi, Latest News
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KARACHI: Directorate-General Customs Valuation has determined customs values of chemicals, boric acid, aluminum oxide, chromic acid, barium chloride, sodium meta bi sulphate, sodium hexa meta phosphate, borax deechydrate, brown aluminum oxide, sodium acid pyrophosphate, dipentene, chloroform, stearic acid (single & triple pressed), mono & di ethylene glycol and perchloro ethylene are determined as follows:

Earlier, the customs values of subject were determined under Section 25-A of the Customs Act, 1969 vide Valuation Ruling No. 1311/2019 dated 12.7.2018.

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Representations were received from Pakistan Chemicals & Dyes Merchants Association, Federation of Pakistan Chambers of Commerce & Industry as well as other substantially. It was accordingly required to issue fresh valuation ruling as per prevailing international prices to save cost o doing business.

 

 

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