Valuation - rejection of declared value - The price of the ...
Assessed Value Overrules Declared Value for Goods; Discrepancy Noted Between Declared and Assessed Values.
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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