KARACHI: Director Customs Valuation Wasif Memon has revised the customs values of olives vide Valuation Ruling No. 956/2016.

Since the earlier values of olives were determined more than four years ago vide Valuation Ruling No.562/2013, a re-determination of customs values of these goods was deemed necessary to reflect the prevailing international price trend. This prompted an exercise to re-determine the customs values of olives.

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