KARACHI: Directorate of Customs Valuation has revised the customs values of Submersible Motors vide Valuation Ruling No. 990/2016.
Customs values of Submersible Motors were earlier determined vide Valuation Ruling No.318/2011. The values required revision in line with the prevailing prices in the international market.
Director Wasif Memon formed a team comprising Additional Director Iqbal Muneeb, Deputy Director Rizwan Bashir, Principal Appraiser Iqbal Ali and Valuation Officer Altaf Mangi to determine the values of the goods afresh.
