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Customs - Highlights / Catch Notes

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Valuation of imported goods - hydraulic pumps - rejection of ...


Customs Valuation Dispute: Non-contemporaneous Price Comparison Invalidates Demand on Hydraulic Pump Imports.

August 26, 2023

Case Laws     Customs     AT

Valuation of imported goods - hydraulic pumps - rejection of declared value - The impugned order has not offered any justification for acceptance of the compared imports as either ‘identical’ or ‘similar’ goods - It is also found that the prices used for comparison are not of contemporaneous relevance. - Demand set aside - AT

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