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Customs values of cable wire locks revised vide VR No. 1447/2020

Customs values of cable wire locks revised vide VR No. 1447/2020

KARACHI: Directorate-General of Customs Valuation determined customs values of cable wire lock under section 25-A of the Customs Act, 1969.

The customs values of cable wire locks were determined vide Valuation Ruling No. 731/2015 dated 18.5.2015. As the ruling was very old and values in the international market had shown upward trend an exercise was initiated to determine the customs values of cable wire locks, under Section 25-A of the Customs Act, 1969.