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Customs - Highlights / Catch Notes

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Rejection of the declared value by the original authority - The ...

Case Laws     Customs

October 29, 2022

Rejection of the declared value by the original authority - The prices which were declared in the Bill of Entry were a fraction of the price of the Zhiyun brand goods imported by the same importer from the same overseas supplier and they were of the same models - the imported goods were correctly confiscated under section 111 and consequently, penalty was correctly imposed under Section 112 by the original authority. - AT

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