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Customs - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Misdeclaration of value of imported goods - undervaluation - The ...

Customs

March 13, 2018

Misdeclaration of value of imported goods - undervaluation - The non-inclusion of design charges is, admittedly, not in line with the valuation provisions. - The redemption fine imposed is 10% of the value of assessment and the penalty is 5% of such value - AT

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