KARACHI: Director Customs Valuation Karachi Iqbal Muneeb has revised the customs values of energy drinks vide Valuation Ruling No.1260/2018.

The customs values of various brands of energy drinks from different origins were earlier determined vide Valuation Ruling No.1203/2017. Director General Customs Valuation vide order in revision directed to determine customs values of non-carbonated energy drink with brand name Carabao. As a stop-gap arrangement, values of Carabao were notified a valuation database letter.

Since the previous ruling was almost six months old, it was deemed expedient to re-determine the values of the goods afresh.