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Customs - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Valuation of imported goods - various electrical and automobile ...


Import Valuation of Electrical and Auto Parts Confirmed Accurate; No Additional Consideration Found by Authorities.

March 17, 2018

Case Laws     Customs     AT

Valuation of imported goods - various electrical and automobile parts - NIDB data for contemporaneous imports - The Bank attested invoice for supply of the goods is identical to the declared values. Revenue has not brought anything on record to indicate that any additional consideration has been paid by the importer for such goods - the transaction value is required to be accepted. - AT

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