KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of olive oil vide Valuation Ruling No.941/2016.
The customs values of olive oil were earlier determined vide Valuation Ruling No. 288/2010. Numerous representations were received to revise the values of olive oil in line with the price trend prevailing in the international market.
An exercise was conducted to revise the values of olive oil.