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Customs - Highlights / Catch Notes

Home Highlights June 2020 Year 2020 This

Valuation of imported goods - industrial valves of various types ...

Customs

June 4, 2020

Valuation of imported goods - industrial valves of various types - Related party - Appellate Authority did not discuss on the methodology to arrive at the import price having rejected the declared value. No directions are given to the lower authorities about the manner in which the valuation is to be arrived at and the rules thereunder to be applied. Such an order cannot be implemented.

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