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 May 2017 Year 2017 This

Undervaluation of imported goods - Brass Scrap, Electrolytic ...


Undervaluation of Imports: Brass Scrap, Copper, and LLDPE Violates Trade Regulations; Penalty Imposed for Mis-declaration.

May 13, 2017

Case Laws     Customs     AT

Undervaluation of imported goods - Brass Scrap, Electrolytic Copper Wire Bars/ Rods, LLDPE etc - ITC violation - mis-declaration of importer's relationship with the suppliers - non-existent importing firms - demand confirmed with penalty - AT

View Source

 


 

You may also like:

  1. The case pertains to the import of restricted goods, specifically marbles and mosaics, under the Import Policy at a value lower than the Minimum Import Price notified by...

  2. CESTAT upheld rejection of declared transaction value for imported copper scrap (Birch/Cliff) under Customs Valuation Rules. Transaction value can be rejected based on...

  3. Valuation of imported goods - undervaluation of aluminium and zinc scrap of various grades imported from overseas suppliers. Redetermination of value based on import...

  4. Classification - Brass granules - If copper predominates by weight, the brass granules has to be treated as copper granules - AT

  5. Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver - Notification

  6. Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver - Notification

  7. Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver - Notification

  8. Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver - Notification

  9. Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver - Notification

  10. Determining whether certain goods, specifically old used iron scrap, used lead acid batteries, old used aluminum utensils and other aluminum scrap, old used brass...

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

  12. Classification under 74072110 as brass ingots, or under 74040022 as brass scrap - Looking to the shapes in which the goods are being cleared, the classification as a...

  13. The imported goods, HDPE Regrind, were classified under Customs Tariff Item (CTH) 3901 2000. The issue was whether the goods were permissible for importation into the...

  14. This notification from the Central Board of Indirect Taxes and Customs under the Ministry of Finance revises the tariff values for import of certain goods like edible...

  15. This notification from the Ministry of Finance revises the tariff values for import of certain goods like edible oils, brass scrap, areca nuts, gold and silver. The...

 

Quick Updates:Latest Updates