Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 (CAVR, 2023) - CBEC's Customs Manual 2023 - Customs

..... 12. Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 (CAVR, 2023) 12.1 To address the issue of undervaluation in imports the Board has framed Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023. These rules provide for the additional obligations of the importer in respect of a class of imported goods whose value is not being declared correctly, the criteria of selection of such goods, and the checks in respect of such goods. The Ru .....

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Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 (CAVR, 2023) - CBEC s Customs Manual 2023 - Customs

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..... y specify a class of imported goods, for which there is a reason to believe that the value may not be declared truthfully or accurately but below it, as identified goods. The rules also provide for the procedures to be followed by an importer of identified goods, once the relevant class of goods have been specified as identified goods by the Board. These include declaring certain aspects while filing the bill of entry. Further, if required by the Customs Automated System, such importer shall als .....

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Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 (CAVR, 2023) - CBEC s Customs Manual 2023 - Customs

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