KARACHI: Directorate of Customs Valuation has revised the customs values of milk preparation for infant use vide Valuation Ruling No. 1148/2017.

The customs values of milk preparation for infant use were earlier determined vide Valuation Ruling No. 624/2017.

Since prevailing customs values of milk preparations were over three years old, an exercise was initiated to determine the value of the goods afresh in the light of prevailing international market prices.