KARACHI: The Directorate General of Custom Valuation has increased customs duty of citric acid monohydrate pharmaceutical grade to $1 per kilogramme.
The Directorate, during the scrutiny of previous clearance data, noticed that citric acid falling under PCT headings 2918.1400 was being assessed at different values and certain transactions were on very low side.
Therefore, the Directorate, after carefully examining the clearance data, also conducted market inquiries to verify the authenticity of declarations. Online prices were also obtained to corroborate the findings of the market surveys.
Keeping the said observations in view, the citric acid monohydrate imported from China will now been determined at US$0.70 per kilogramme while citric acid monohydrate pharmaceutical grade, which is also origin from China will be assessed at $1.00 per kilogramme.
