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Customs - Highlights / Catch Notes

Home Highlights June 2017 Year 2017 This

Valuation - rejection of declared value - The price of the ...


Assessed Value Replaces Declared Value for Goods; Identical Goods Price Used, But Not for Current Imports.

June 26, 2017

Case Laws     Customs     AT

Valuation - rejection of declared value - The price of the identical goods which has been adopted to be assessed is not the declared value. In fact, the same is the assessed value. Therefore, the said value cannot be said as the value contemporaneous import.

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