Customs value declaration rules exclude duty-free, tariff-fixed, specific-rate, related-party and project imports from application. The Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 exclude several classes of imports from their application, ... Summary
Customs value declaration rules exclude duty-free, tariff-fixed, specific-rate, related-party and project imports from application.
The Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 exclude several classes of imports from their application, including duty-free imports, goods with fixed tariff value, goods taxed on a specific rate basis, certain duty exemption scheme imports, related-party imports already investigated, project imports, imports by Government or Public Sector Undertakings, non-commercial imports, goods imported for re-export, and any other imports specified by the Board.
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