Clarification regarding the valuation of the imported second hand (old and used) machinery - Boards Circular No.4/2008-Cus dtd.12.02.2008 (F.No.467/34/2006-Cus.V)

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..... Misc-2665/08-09 VA Date : 03.12.2008 PUBLIC NOTICE No. 84 /2008 (Referred / amended vide P.N.No. 84/2009, 102/2010) Sub: Clarification regarding the valuation of the imported second hand (old and used) machinery - Boards Circular No.4/2008-Cus dtd.12.02.2008 (F.No.467/34/2006-Cus.V) Attention of all Importers, Custom House .....

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..... of machinery; (vi) Nature of reconditioning of repairs carried out, if any, and the cost (including the dismantling cost, if any) thereof; and (vii) Expected life span (Residuary life). 3. In the absence of the above mentioned load port certificate, the importer or his authorized agent shall submit such certificate, interalia, indicating the above mentioned d .....

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..... l : 66606639/40/41 ; Fax : 022-66606642 E-mail : www.dnv.in (iii) Indian Register Quality Systems 52-A, Adi Shankaracharya Marg, Opp.Powai lake, Mumbai 400 072 Tel : 022- 30519400, 22154128/64 Fax : 022 -25703011 / 22154250 E-mail : [email protected] (iv) TUV India Pvt.Ltd. 801, Rahe .....

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..... Tel : 022-26285662 / Fax : 26702917 E-mail : [email protected] 4. Such certificate from the Chartered Engineer, invoice and any other relevant documents and the NIDB data indicating the values of similar goods would be examined by the Assessing Officers and decide whether the declared value can be accepted as transaction value or the declared value merits to be r .....

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