KARACHI: Customs Valuation Director Wasif Memon has revised the values of feeder brushes vide Valuation Ruling No. 934/2016 under Section 25A of the Customs Act, 1969.
The values of different types of feeder brushes were earlier determined vide Valuation Ruling No.665/2014 dated March 31, 2014. The values needed revision in line with the prices prevailing in the international market.
An exercise was initiated to determine the customs values of feeder brushes afresh. Feeder brushes under PCT 9603.9000 of China origin will now be assessed at $5.0 per kilogramme, while feeder brushes of all other origins would be assessed at $6.90/kg.
