Register Price / Packages DEMO Option My Bookmarks Daily Newsletters Feedback/ Suggestions
Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


Case Laws Acts Notifications Circulars Classification Forms Manuals Articles News D. Forum Highlights Notes
TMI - e-Newsletter     TaxTMI    Adjudication of SCN after 17 years - The High Court...     TaxTMI    Eligibility of Deduction u/s 80P - bank interest...     TaxTMI    Income taxable in India or not - Salary income -...     TaxTMI    Jurisdiction of AO - Validity of notice issued u/s...     TaxTMI    Reopening of assessment - The Appellate Tribunal...     TaxTMI    Estimation of income - bogus purchases -...     TaxTMI    Validity of assessment order - as argued without...     TaxTMI    Waiver of interest u/s 234A, 234B and 234C -...     TaxTMI    Eligibility for concessional rate of GST - Biomass...     TaxTMI    Validity of Faceless assessment u/s 144 r.w.s.144B...     TaxTMI    SEZ unit - Legal services - liability pay tax under...     TaxTMI    Constitutional Validity of Sections 2, 9, 12 and 18...     TaxTMI    Validity of impugned order u/s 73 of the CGST Act -...     TaxTMI    Scope and Interpretation of Contract - Seeking...     TaxTMI    Doctrine of Merger of High Court Decision with the...     TaxTMI    Latest Case-Laws     TaxTMI    Latest Notifications + Circulars     TaxTMI    GST Council Decisions     TaxTMI       Right Stop
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Customs - Highlights / Catch Notes

Home Highlights September 2017 Year 2017 This

Valuation - imported PVC Sheets - The importer admitted that the ...

Customs

September 12, 2017

Valuation - imported PVC Sheets - The importer admitted that the value of imported goods were not correct and the correct value is much higher than what is declared - demand confirmed with penalty - The penalty should be equal to duty only and cannot include interest portion of such duty

View Source

 

← Previous Next →

 

You may also like:

  1. Valuation of imported goods - PVC sheeting - rejection of declared value - rule 7 of Customs Valuation (Determination of Value of Imported Goods) Rules, 2007 requires...

  2. Valuation of imported goods - misdeclaration of goods - Commissioner (Appeals) allowed the appeal of the Importer / respondent - product was correctly classifiable under...

  3. Valuation - rejection of declared value - The value of imported goods cannot be enhanced, merely, on the basis of DRI alerts for enhancing the price of the ball bearing

  4. Valuation of imported goods - Viscose Filament Yarn (VFY) - under-invoicing by misdeclaring the value - rejection of declared value - Demand confirmed - levy of penalty...

  5. Valuation of imported goods - Unless there is substantial difference between the declared price and the value determined after market enquiry, loading must be avoided...

  6. Valuation - enhancement of the declared value - The value of imported goods cannot be enhanced on the basis of DRI alert and the basis of assessed bill of entry - AT

  7. Valuation of imported goods - Unwrought / Unrefined Zinc - enhancement of value - rejection of transaction value - The importer declared the goods as...

  8. Valuation of imported goods - pearls - rejection of declared value - There are various complaints against the said approved valuer of the goods, therefore, his reports...

  9. Valuation - The royalty and lump sum fees paid in relation to manufacture of goods in India cannot be padded on to the declared import value of the impugned goods.

  10. Valuation of imported goods - Aluminium Scrap - rejection of transaction value - procedure contemplated under Rule 12 of the valuation rules not followed - Commissioner...

 

Quick Updates:Latest Updates

What's New:
    Latest Case Laws
What's New:
    Latest Notifications
What's New:
    Latest Circulars
C: Unauthorised foreign exchange transactions
H: Seeking rectification in Form GSTR-1 - limitation period - Works contr...
H: TP Adjustment - selection of MAM [Most Appropriate Method] - The High ...
H: Deemed income u/s 56(2)(x) - Defective Show cause notice - Addition of...
H: Obligation to pass a draft assessment order u/s 144C (1) - Petitioner ...
H: Rejection of application u/s 119(2)(b) for condoning the delay in fili...
H: Validity of Reopening of assessment u/s 147 - reason to believe - Repl...
H: Reassessment proceedings against company insolvent/dissolved - The cou...
H: Assessment of trust - Rate of Tax - Maximum Marginal Rate (MMR) - The ...
H: Disallowance of bonus paid to directors u/s 36(1)(ii) - assessee paid ...
H: Addition of the suppressed gross receipts as were disclosed by the ass...
H: Validity of Assessment order as time barred - delay dispatching assess...
H: Addition in assessment u/s 153C - Addition u/s 69 - addition on basis ...
H: Nature of receipts - interest earned on FDs during the year was prior ...
H: Additions of income earned - Taxable Person - Land transactions facili...
H: Addition u/s 69 r.w.s. 115BBE - Higher rate of tax treating the surren...
C: Partial modification of Circular No. 3 of 2023 dated 28.03.2023 regard...
A: Excess or Short Payment of Customs Duty on Import of goods into India
A: AVAILABILITY OF GOOD FAITH CLAUSE IN SECTION 157 OF THE GST ACT TO THE...
A: Understanding the Scope of Accounting.
A: GST not payable on amount recovered from permanent employees for cante...
F: PAYMENT TO CINE OR TV ARTISTS. LIABILITY UNDER RCM
C: Cross Margin benefits for offsetting positions having different expiry...
N: Under section 80G(2)(b) the Central Government Notified “Shree Ramanuj...
N: Streamlining of Halal Certification Process for Meat and Meat Products
A: GST COLLECTION – NET COLLECTION DESERVE PUBLICATION/ REPORTING INSTEAD...
A: Demand should not be raised when negative taxable and invoice value ar...
A: Various Types Of Trusts and Their Importance
A: IGST is not payable under RCM for services in Free-on-Board and Cost I...
A: MEETING OF CREDITORS - INSOLVENCY RESOLUTION PROCESS - PERSONAL GUARAN...