Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram
Customs - Highlights / Catch Notes

Home Highlights December 2019 Year 2019 This

Valuation of imported goods - import of old and obsolete ...

Customs

December 18, 2019

Valuation of imported goods - import of old and obsolete Aircraft - There are no reason for the Revenue to reject this transaction value - further, these aircrafts imported by the appellant is a junk and unworthy but useful for school of AME studies and there is not enough avionic equipments.

View Source

 


 

You may also like:

  1. Valuation - import of old and used monitors - restricted items - appellant fail to comply this requirement of the policy, therefore the goods were rightly confiscated - AT

  2. Undervaluation – import of old and used machinery – enhancement of value – Old and used machinery is inherently prone to undervaluation - Adjudicating authority...

  3. Valuation of imported goods - for determining the value of the old and used capital goods, which are of obsolete models, the NIDB data is not relevant at all as no two...

  4. Classification of imported goods - Old and Used Pipelines, Pontoons etc. as an integral part of the dredgers - SC dismissed the revenue appeal, against the order...

  5. REP licence was issued under old policy, import made under new revised policy - import to be governed by old policy - FTP

  6. Valuation of imported goods - NIDB data cannot be used to enhance the value of imported goods.

  7. Imports of high end cars/SUVs - Valuation - Old car or new car - Benefit of Notification No. 21/2002-Cus., dated 1-3-2002 - misdeclaration proved - decided against the...

  8. Import of old and used machinery - adjudicating authority has followed the valuation method prescribed by Board for arriving at reasonable price - adjudication order is...

  9. Provisional release of imported goods (apples) - The dispute centers on the valuation of the imported apples.

  10. Valuation of imported goods - aircraft engine - vehicle expressly imported for a limited period and for ‘stop gap’ fitment during the overhaul of the regular engines by...

 

Quick Updates:Latest Updates