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Customs - Highlights / Catch Notes

Home Highlights December 2018 Year 2018 This

Valuation of imported goods - Aluminum Scrap - rejection of ...

Case Laws     Customs

December 15, 2018

Valuation of imported goods - Aluminum Scrap - rejection of declared value - The Tribunal has rightly mentioned that this declared price could be rejected only with cogent reasons by undertaking the exercise as to on what basis the Assessing Authority could hold that the paid price was not the sole consideration of the transaction value.

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