KARACHI: Directorate of Customs Valuation has determined the customs values of shoe polish vide Valuation Ruling No.1177/2017.

The customs values of shoe polish were earlier determined vide Valuation Ruling No.841/2016. Since the valuation ruling is one year old and there is wide variation in the prices of different raw materials/commodities during last one year, therefore an exercise was initiated to re-determine the values.