- Pakistan Customs issued a new valuation ruling for ceramic and porcelain tiles.
- The ruling determines applicable duties and taxes on imported tiles.
- The ruling replaces a previous valuation ruling that was challenged and reviewed.
- The new ruling was determined after a market survey and consideration of various valuation methods.
- Importers argued for lower valuations due to advancements in manufacturing technology.
- Local manufacturers argued for higher valuations due to their investments in domestic production.
- The new ruling applies to tiles imported from various regions, including China, the USA, and Europe.
- The ruling will be implemented for all imported tile consignments.
Source: pkrevenue.com
Note that this post was (partially) written with the help of AI. It is always useful to review the original source material, and where needed to obtain (local) advice from a specialist.
