Misdeclaration of value of imported goods - undervaluation - The ...
Misdeclaration of Import Goods Leads to Fines and Penalties for Non-Inclusion of Design Charges Under Valuation Rules.
March 13, 2018
Case Laws Customs AT
Misdeclaration of value of imported goods - undervaluation - The non-inclusion of design charges is, admittedly, not in line with the valuation provisions. - The redemption fine imposed is 10% of the value of assessment and the penalty is 5% of such value - AT
View Source