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DG Valuation determines customs values of chocolate spread through VR No 1361/2019

DG Valuation determines customs values of chocolate spread through VR No 1361/2019

KARACHI: Directorate-General Customs Valuation Director Shafiq Ahmed Latki issued customs values of chocolate spread under Section 25-A of Customs Act, 2969 through Valuation Ruling No. 1361 dated 9.4.2019.

It was brought to the notice of directorate-general that the values of various brands of Chocolate Spread are being declared to customs at much lower prices than their current international values. Keeping in view of the prevailing prices of the subject item, directorate-general initiated an exercise for the determination of customs values of various brands of Chocolate Spread in terms of Section 25-A of the Customs Act, 1969.

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