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Customs - Highlights / Catch Notes

Home Highlights March 2020 Year 2020 This

Valuation of imported goods - Rough Marble Blocks - the value ...


Adjudicating Authority Sets Aside Marble Import Valuation Increase Due to Deviation from Primary Objection.

March 6, 2020

Case Laws     Customs     AT

Valuation of imported goods - Rough Marble Blocks - the value was enhanced on the basis of policy circular taking the floor price is not sustainable. It is also observed that the Adjudicating Authority deviated from the basic objection and relied upon contemporaneous import wherein the import was made at the rate of USD 275. - the enhancement of the value set aside. - AT

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