KARACHI: Director Customs Valuation Karachi, Iqbal Muneeb has revised the customs values of skimmed milk powder and instant milk powder vide Valuation Ruling No.1239/2018.

Earlier the customs values of the skimmed milk powder and instant milk powder were determined vide Valuation Ruling No.843/2016.

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.