KARACHI: Director Customs Valuation Karachi, Iqbal Muneeb has determined the customs values of medicines/medicaments in packing for retail sale vide Valuation Ruling No.1238/2018.

Earlier the customs values of the medicines/medicaments of various types were determined vide Valuation Ruling No.1094/2017.

Subsequently, several representations were received from commercial importers to determine the applicable customs values afresh in accordance with the trend of values in the international market and to include some more medicines/medicaments being regularly imported.