KARACHI: The Federal Board of Revenue’s (FBR) Directorate General Customs Valuation has revised the customs values of bicycle parts.
Customs Valuation Director Wasif Memon has revised values of bicycle parts vide Valuation Ruling No 890/2016.
It came to the notice of Directorate General Customs valuation that the values of bicycle parts have considerably increased in the international market as compared to the values determined earlier vide Valuation Ruling No. 690/2014.
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