KARACHI: Director Customs Valuation Iqbal Muneeb has revised the Customs values of car speakers, horn, loud speakers and wall mounted/ceiling/column speakers vide Valuation Ruling No.1343/2018.

The Customs values of car speakers, horn, loud speakers and wall mounted/ceiling/column speakers were earlier determined vide Valuation Ruling No.971/2016.

The Valuation Ruling required revision in line with prevailing price in the international market. Therefore, an exercise was initiated to determine the values of speakers afresh.