KARACHI: Director Customs Valuation Karachi Iqbal Muneeb has revised the customs values of printers vide Valuation Ruling No.1222/2017.

The customs values of printers of various brands were determined vide Valuation Ruling No.875/2016. Representation were received from importers that certain new models of printers have been introduced but are not available in the Ruling, resultantly the same are being assessed and cleared at much lower values and requested to re-determine customs values of printers in line with current values available in the international market.

Therefore, an exercise was initiated to determine customs values of Printers afresh in the light of existing international market prices of different brands and models of printers.