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Customs - Highlights / Catch Notes

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Valuation of import goods - transaction value based on invoice ...


Customs Duty Valuation: Court Rules Duty Based on Quantity in Shore Tanks, Not Overseas Suppliers' Invoice Value.

March 21, 2023

Case Laws     Customs     AT

Valuation of import goods - transaction value based on invoice price of the overseas suppliers - The appellant’s claim of payment of Customs duty on quantity received in shore tank is correct and legal and revenue claim of duty payment on transaction value based on invoices of all overseas suppliers is not sustainable - AT

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