Customs values of tractors parts increased by 8-10 percent

KARACHI: Collector Customs Adjudication Chaudry Mohammad Javed has revised the customs values of tractor parts vide Valuation Ruling No.945/2016, wherein values are increased in the range of 8-10 percent.

The customs values of tractor parts were earlier determined vide Valuation Ruling No.728/2015. The ruling required revision as the prices of tractors parts in the international market fluctuated. Wasif Memon formed a team comprising Additional Director Mumtaz Khoso, Deputy Director Abdul Qudoos, Principal Appraiser Mohammad Aslam and Appraising Officer Shahzad Mari to determine the values of goods afresh.

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