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Values of imported artificial flowers, plants, trees revised
ISLAMABAD: Directorate General of Customs Valuation Karachi has revised customs values on the import of artificial flowers, plants and trees from China. According to a valuation ruling issued by the directorate, since, the existing Valuation Ruling was 6 years old and the value of subject goods had changed in the local and international market, therefore, it warranted redetermination. Furthermore, there was a wide variation of goods that also needed to be valued separately. In order to ensure uniformity in valuation and safeguard government revenue, the Directorate initiated proceedings for de...
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