KARACHI: The Directorate General of Customs Valuation has determined fresh customs values of various types of Euro cake vide Valuation Ruling No 946/2016 under Section 25-A of the Customs Act, 1969.
Earlier, the customs values of Euro cakes were determined vide Valuation Ruling No. 305/2011 April 24, 2011. Since the said valuation was 5 years old and needed revision in the light of values prevailing in the international market.
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Therefore, the officials of Customs Valuation started process to determine fresh values of the items under the Customs Act.
