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Customs - Highlights / Catch Notes

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Valuation of import of soda ash light - declared price was lower ...


Imported Soda Ash Light Valuation Based on Lower Declared Price Due to Market Drop; Section 14(1) Applies.

January 10, 2016

Case Laws     Customs     SC

Valuation of import of soda ash light - declared price was lower than invoice price since the market price was down drastically - the provisions of sub-section (1) of Section 14 are clearly attracted and there was no necessity of invoking the rules - SC

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