Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Customs - Highlights / Catch Notes

Home Highlights November 2016 Year 2016 This

Valuation - import of Fused Magnesia - the difference between ...


Discrepancy in Fused Magnesia Import Valuation Sparks Concerns Over Possible Undervaluation or Misdeclaration.

November 9, 2016

Case Laws     Customs     AT

Valuation - import of Fused Magnesia - the difference between the declared price and the contemporary import price from the same company and the same country of origin is extremely high - demand confirmed - AT

View Source

 


 

You may also like:

  1. Valuation of imported goods - MRP based valuation or transaction value - CVD - AT

  2. Provisional release of imported goods (apples) - The dispute centers on the valuation of the imported apples.

  3. Valuation of imported goods - NIDB data cannot be used to enhance the value of imported goods.

  4. Benefit of exemption from duty - 12V SMPS consisting of Main PCB, lightening protector, DC/AC cables, fuse/fuse holders and others - SMPS is not a part of IFWT. The...

  5. Valuation of imported goods - inclusion of royalty and the cost of advertisement incurred by the Appellant in India in assessable value - related party - The Tribunal...

  6. Valuation of imported goods - undervaluation of Zinc and aluminium scrap imported - The circular only provides for average price difference between the price of prime...

  7. Valuation of imported goods - if at all the value of contemporary imports is to be applied, the lowest value of similar goods imported into India is to be adopted....

  8. Approval of Resolution plan - Propriety of the valuation exercise conducted by the RP - The tribunal dismissed concerns regarding the SRA's competence, noting that the...

  9. Valuation - sister concern was captively consuming the goods - inter-connected units - Since the appellants and their sister concerns are related persons in term of...

  10. Valuation of imported goods - contemporaneous imports of similar goods - The quantity of import is much higher than the quantity of import in respect of the...

  11. The case pertains to the valuation of imported porcelain vitrified tiles. The key points are: The assessment attained finality, but the appellant has the legal right to...

  12. Valuation of imported goods - The only ground on the basis of which the transaction value has been rejected is that the imports were made at a higher price by other...

  13. Valuation of imported Set top boxes under Section 4 of the Central Excise Act, 1944 - Circular

  14. Valuation of imported goods - Inclusion of lump sum and periodical patent and technology know how fee paid - The Tribunal analyzed the provisions of Rule 10 (1) (c) of...

  15. Valuation of imported goods - PVC sheeting - rejection of declared value - rule 7 of Customs Valuation (Determination of Value of Imported Goods) Rules, 2007 requires...

 

Quick Updates:Latest Updates