Data quality of information furnished by the importers for assessment purposes-reg.

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..... n furnished by the importers for assessment purposes-reg. The Customs assessment, to a large extent, is a function of classification and valuation of goods, not only for levying correct duty on imports or extending but also for the purposes of ensuring uniformity of assessment practices and enforcing restriction/prohibitions imposed under allied laws. Further, policy makers and all other conce .....

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..... odity by the same importer. In some cases such non-declaration by unscrupulous importer/exporter is to evade duty and restriction. However, in majority of cases it may be on account of casual approach. As a result, not only the quality of assessment has suffered but also the quality of National Import and Export database has remained below expectation. Thus, poor quality of data furnished by the t .....

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..... furnished, documents shall be returned for incorporating the same. Since, this mandatory requirement is not complied by a large number of importers/CHAs, it has been decided to take stern action in case of non-compliance. In case an importer/CHA repeatedly fails to furnish the complete details in documents furnished by him, an appropriate penal action would be initiated, including suspension of li .....

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