Importer valuation checks enable board to require obligations and specified compliance when undervaluation is suspected under customs law An inserted clause authorises the Board to specify additional importer obligations and the checks to be exercised, including the circumstances and manner ... Summary
Importer valuation checks enable board to require obligations and specified compliance when undervaluation is suspected under customs law
An inserted clause authorises the Board to specify additional importer obligations and the checks to be exercised, including the circumstances and manner of exercising them, where the Board has reason to believe that the declared value of a class of imported goods may not be truthful or accurate based on trends in declared values or other relevant criteria.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.