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Customs - Highlights / Catch Notes

Home Highlights April 2020 Year 2020 This

Valuation of imported goods - import of multi functional digital ...


Court Rules Enhanced Value Agreement Not Mis-Declaration; Confiscation and Fines on Importer Overturned.

April 10, 2020

Case Laws     Customs     AT

Valuation of imported goods - import of multi functional digital copiers - enhancement of value - Mere acquiescence by the importer in order to expedite their clearances through customs does not form the evidence that the value has been mis-declared, more so when the enhancement was marginal - Confiscation as well as redemption fine set aside. - AT

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