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Customs - Highlights / Catch Notes

Home Highlights April 2018 Year 2018 This

Valuation of imported goods - the original authority has ...


Re-assessment of Imported Goods' Valuation Theoretical Without Proof of Import Conditions Breach: No Practical Impact.

April 2, 2018

Case Laws     Customs     AT

Valuation of imported goods - the original authority has undertaken the exercise of re-assessment to provide for recovery in the contingency of breach of the conditions of import. In the absence of ascertainment of such contingency, the re-assessment remains an academic exercise. - AT

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