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Customs - Highlights / Catch Notes

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Valuation of export goods - confectionary spare parts - ...

Case Laws     Customs

January 29, 2022

Valuation of export goods - confectionary spare parts - rejection of declared value - There is no huge difference amongst the three values supplied by the 3 different chartered engineers. On this ground alone, the value arrived by the chartered engineer is to be rejected - No other evidence has been brought on record by the Revenue with regard to the value of export consignment. In that circumstance, the value of export consignment cannot be rejected. - AT

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