Prohibited goods - areca nuts - So far as the prohibition under ...

DGFT Notification Allows Areca Nut Imports Based on CIF Value, Not Customs Act Assessable Value, If Above Threshold.

April 14, 2023

Case Laws     Customs     AT

Prohibited goods - areca nuts - So far as the prohibition under the notification issued by the DGFT is concerned, it is based on the CIF value, i.e., the transaction value including the cost, freight and transit insurance. It is not based on the assessable value under the Customs Act. Therefore, so long as the CIF value is as per the DGFT Notification, import of the goods is not prohibited. Therefore, the areca nuts which were imported were not prohibited because the CIF value was not below the threshold. - AT

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