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Customs - Highlights / Catch Notes

Home Highlights November 2019 Year 2019 This

Valuation of imported goods - hot rolled steel plates ...


Undervaluation Allegation in Non-Alloy Steel Plates Case Lacks Evidence, Penalization Questioned Under Trade Rules.

November 12, 2019

Case Laws     Customs     AT

Valuation of imported goods - hot rolled steel plates (non-alloy) - Such excess undervaluation, as alleged, should have been subject to serious investigation and appropriate penalties imposed if found to be so. In the absence of such, it can only be deduced that the exercise of enhancement of value so undertaken was without sufficient evidence on hand.

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