KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of abrasive products grinding/cutting disc/wheel vide Valuation Ruling No. 930/2016.
Customs values of abrasive products grinding/cutting disc/wheel were earlier determined vide Valuation Ruling No.401/2011. As the values were over five years old, an exercise was initiated to determine the values of goods afresh.
The customs values of abrasive grinding wheel under PCT 6804 of China are fixed at $2.05/kg, other origins at $2.25/kg. The customs values of abrasive grinding/cutting disc under PCT 6804 of China are fixed at $1.70/kg, other origins at $2.2/kg.