Standard Unit Quantity Code (UQC) - regarding.

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..... reventive) All Chief Commissioners of Customs and Central Excise All Commissioners of Customs / Customs (Preventive) All Commissioners of Central Excise and Customs All Directors General under CBEC. Sir / Madam, Subject: Standard Unit Quantity Code (UQC) - regarding. The issue of poor quality of trade data has been engaging the attention of the Government. Further, an analysis of N .....

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..... tes the quality of the NIDB data and reduces its utility to the assessing officers, who are unable to ascertain the contemporaneous values or assessment practice of a given item in different Customs locations. Therefore, the solution lies in improving the quality of data by using standard UQCs. 3. In this regard, it is seen that the Customs Tariff Act, 1975 prescribes only a single Unit Quanti .....

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..... e Directorate of Valuation shall monitor the correct use of UQCs and DG (System) shall modify the software applications suitably to give effect to mandatory compliance of correct UQC. 5. Difficulty faced, if any, in implementation of aforementioned instructions may be brought to the notice of the Board. Yours faithfully (R.P.Singh) Director (Customs) - Circular - Trade Notice - Pub .....

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