Customs values of Tractor parts revised

Customs values of Tractor parts revised

KARACHI: Directorate of Customs Valuation has revised the customs values of Tractor parts vide Valuation Ruling No.1016/2017. It was brought to the notice of the Directorate General of Customs Valuation by the Manufactures of Tractor Parts that the values of tractor parts determined vide Valuation Ruling No. 945/2016 were on the lower side and required revision. As major market of Tractor parts is located in Lahore, the Director General ordered issuance of fresh valuation ruling of Tractor Parts after considering all aspects including import data, market surveys and hearing the stakeholders.
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