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    Home » Valuation Ruling 1547/2021 – Customs Values of Iron & Steel Scrap
    Valuation Ruling

    Valuation Ruling 1547/2021 – Customs Values of Iron & Steel Scrap

    August 20, 2021Updated:August 20, 20212 Mins Read
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    Valuation Ruling 1547/2021

    In Valuation Ruling 1547/2021, Customs Values of Iron & Steel Scrap (Remeltable/HMS scrap/ Shredded scrap/ Re-Rollable scrap, Compressor scrap & other scraps under Section 25-A of the Customs Act, 1969.

    Customs Values of Iron & Steel Scrap

    Customs values hereinafter specified shall be assessed to duty / taxes at the following minimum Customs Values of Customs Values of Iron & Steel Scrap (Remeltable/HMS scrap/ Shredded scrap/ Re-Rollable scrap, Compressor scrap & other scraps).


    Description of goods:
    Iron & Steel Remeltable Scrap ‘Shredded Scrap, HMS Scrap, Press Bundle Scrap etc.

    HS Code of Iron & Steel Scrap: 7204.4100, 7204.4990

    Origin: All Origins

    Customs Values of Iron & Steel Scrap: 530 US $ / MT (C&F)


    Description of goods:
    Iron & Steel Re-Rollable Scrap.

    HS Code of Iron & Steel Re-Rollable Scrap: 7204.4910

    Origin: All Origins

    Customs Values of Iron & Steel Re-Rollable Scrap: 595 US $ / MT (C&F)


    Description of goods:
    Compressor Scrap.

    HS Code of Compressor Scrap: 7204.4940

    Origin: All Origins

    Customs Values of Compressor Scrap : 820 US $ / MT (C&F)


    Description of goods:
    Motor Scrap.

    HS Code of Motor Scrap: 7204.4990

    Origin: All Origins

    Customs Values of Motor Scrap : 620 US $ / MT (C&F)


    Description of goods:
    Aluminum Broken Parts without Iron attachment.

    HS Code of Aluminum Broken Parts: 7602.0090

    Origin: All Origins

    Customs Values of Aluminum Broken Parts : 1500 US $ / MT (C&F)


    Description of goods:
    Aluminum Broken Parts with Iron attachment.

    HS Code of Aluminum Broken Parts: 7602.0090

    Origin: All Origins

    Customs Values of Aluminum Broken Parts : 1275 US $ / MT (C&F)


    Description of goods:
    Aluminum Auto Parts Scrap.

    HS Code of Aluminum Auto Parts Scrap: 7602.0010

    Origin: All Origins

    Customs Values of Aluminum Auto Parts Scrap : 1275 US $ / MT (C&F)

    Customs-Values-of-Iron-Steel-Scrap-Remeltable-HMS-scrap-Shredded-scrap-Re-Rollable-scrap-Compressor-scrap-other-scraps

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    Editorial Staff

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      Pakistan Sets Seafood Export Record by Volume in FY25, But Misses $500 Million Target

      July 19, 2025

      Pakistan’s Food Exports Drop by 32% in June 2025: Rice and Vegetables See Biggest Losses

      July 19, 2025

      Pakistan’s Textile Exports Reach $17.88 Billion in FY2025 with 7.39% Growth

      July 19, 2025

      Pakistan Proposes ‘China Desks’ to Boost Investment and Industrial Cooperation

      July 18, 2025
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