KARACHI: Director Customs Valuation Karachi Iqbal Muneeb has revised the customs values of tyres and tubes (bicycle, motorcycle, scooter, rickshaw) vide Valuation Ruling No.1321/2018.
The customs values of tyres and tubes of different types and sizes including those of bicycle, motorcycle, scooter, rickshaw were earlier determined vide Valuation Ruling No.1236/2017. However, different stakeholders requested to re-determine customs values of the goods afresh in line with the prices prevailing in the international market.
Therefore, an exercise was initiated to determine the values of the goods afresh.
