Entering into high sea sale agreement based on the information ...

High sea sale agreements don't trigger Section 112 penalties unless buyer knew of undeclared items or undervaluation.

September 1, 2017

Case Laws Customs AT

Entering into high sea sale agreement based on the information provided by the original importer by itself, will not attract the penal provisions of Section 112 unless evidence are available to the effect that such high sea buyer had knowledge of possible undeclared item in the consignment and under-valuation

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Entering into high sea sale agreement based on the information ...

High sea sale agreements don't trigger Section 112 penalties unless buyer knew of undeclared items or undervaluation.

September 1, 2017

Case Laws Customs AT

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