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Govt Revises Customs Values of Old and Used Auto Parts to Ensure Fair Assessment

  • The Directorate General of Customs Valuation Karachi has revised customs values of old and used auto parts to prevent under-invoicing.
  • Revised customs values will be applicable to the import of used auto parts from all countries.
  • Total customs value of a consignment must not fall below $600 per metric ton.
  • Valuation exercise was initiated considering recent import data and consultations with key stakeholders.

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