Customs values of submersible motors revised

Customs values of submersible motors revised

KARACHI: Directorate of Customs Valuation has revised the customs values of Submersible Motors vide Valuation Ruling No. 990/2016. Customs values of Submersible Motors were earlier determined vide Valuation Ruling No.318/2011. The values required revision in line with the prevailing prices in the international market. Director Wasif Memon formed a team comprising Additional Director Iqbal Muneeb, Deputy Director  Rizwan Bashir, Principal Appraiser Iqbal Ali and Valuation Officer Altaf Mangi to determine the values of the goods afresh.
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