Undervaluation of imported goods may lead to identification under customs value-declaration rules through a Board order.

The Board may, by order and in accordance with rule 10, specify a class of imported goods or a subset of them as identified goods where it has reason to believe, based on the trend of declared value or any other relevant criterion, that the goods may not be declared at their truthful or accurate value and may instead be undervalued. The provision operates for the purposes of clause (iv) of the second proviso to section 14(1) of the Act and sets the procedure for bringing goods within the identified-goods framework.

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