KARACHI: Directorate of Customs Valuation has revised the customs values of circuit breakers vide Valuation Ruling No.994/2016.
Customs values of circuit breakers were earlier determined vide Valuation Ruling No.652/2014. The ruling needed revision in line with the prices prevailing 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.
What is your view on this ? Let us know in the comments section