KARACHI: Directorate General of Customs Valuation Director Dr Wasif Memon has determined the customs values of school bags, briefcase and laptop bags vide Valuation Ruling No. 867/2016.
It was brought to the notice of the directorate that school bags, briefcase and laptop bags are being imported at gross under-invoiced values causing loss to the exchequer. And, in this regard, an exercise was conducted to determine the values of the subject goods of China origin under PCT 4202.1190.
The customs values of school bags (fiber body) are fixed at $6.4/piece; customs values of school bags (plastic body) fixed at $4.5/piece; school bags (original leather) at $16.9/piece; school bags (artificial leather) at $7.4/piece.
The customs values of briefcase (fiber body) fixed at $10.15/piece; briefcase (plastic body) at $9.4/piece; briefcase (original leather) at $32/piece; briefcase (artificial leather) at $10.9/piece.
The customs values of laptop bags (fiber body) fixed at $6.2/piece; laptop bags (plastic body) at $5.8/piece; laptop bags (original leather) at $20.10/piece; laptop bags (artificial leather) at $5.10/piece.
