KARACHI: Director of Customs Valuation Karachi Iqbal Muneeb has revised the customs values of steel files flat bastard (half round/full round) vide Valuation Ruling No.1283/2018.

Earlier, the customs values of steel files flat bastard (half round/full round) were determined vide Valuation Ruling No.958/2016 and order-in-revision No.312/2017. However, it needed revision to reflect the current price trend prevailing in international market.

This prompted an exercise to re-determine the customs values of the goods afresh.