FBR Updates Customs Valuation for Imported Tin Cans
KARACHI: The Federal Board of Revenue’s (FBR) Directorate General of Customs Valuation has revised the customs values applied to imports of empty tin cans, following a review process triggered by industry appeals. Why the Revision Was Initiated The new rates were notified through Valuation Ruling 2022/2025, replacing the earlier Ruling 1962/2025. The development came after…