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.