KARACHI: The Directorate General of Customs Valuation has re-determined the customs values of Ovaltine by revising downward up to 15 pc due to price differentiation in different kinds of packing.
As per new values, Ovaltine in glass bottle will be assessed at $1.87 per kg; drinking powder Ovaltine in plastic bottles at $1.68 per kg; Ovaltine in plastic bags at $1.6 per kg and Ovaltine in paper bags at $1.52 per kg.
It is worthy to note that M/s M. Junaid Shafee had challenged the earlier Valuation Ruling No.640/2014 saying that goods are imported in various packings so their customs values cannot be uniform.
