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Customs - Highlights / Catch Notes

Home Highlights July 2023 Year 2023 This

Undervaluation of goods - import of a barge, Aqua Float 300, ...

Customs

July 31, 2023

Undervaluation of goods - import of a barge, Aqua Float 300, towed by tug, Fordeco 61 - enhancement of value - The appeal of Revenue appears to have ignored this fundamental and crucial difference between adjustment of transaction value for cost and services and alternatives to declared price upon rejection under rule 10A of Customs Valuation (Determination of Value of Imported Goods) Rules, 1988. - AT

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