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Customs - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Valuation of imported goods - import of old and obsolete ...


Revenue Lacks Grounds to Reject Transaction Value of Obsolete Aircraft Used for AME Studies Despite Being Junk.

December 18, 2019

Case Laws     Customs     AT

Valuation of imported goods - import of old and obsolete Aircraft - There are no reason for the Revenue to reject this transaction value - further, these aircrafts imported by the appellant is a junk and unworthy but useful for school of AME studies and there is not enough avionic equipments.

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