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DG Valuation issues customs values of non-carbon releasing paper, coated board vide VR No 1460/2020

DG Valuation issues customs values of non-carbon releasing paper, coated board vide VR No 1460/2020

KARACHI: Directorate-General of Customs Valuation Director Shafiq Ahmad Latki has issued customs values of non-carbon releasing paper, art card/coated board/paper board and light weight coated papers under section 25-A of the Customs Act, 1969.

According to the details, customs values of non-carbon releasing paper, art card/coated board/paper and light weight coated papers were determined vide Valuation Ruling No. 1439/2019 dated 14.2.2020. The ruling was old and prices in the international market were showing downward trend, as per various representations and documents submitted by importers. Therefore, an exercise was initiated to re-determine the customs values of aforementioned goods as under section 25-A of the Customs Act, 1969.