Importer declaration requirement: full value disclosure and documentary proof required, with verification and statutory penalties for falsehood. Importers or their agents must provide a declaration disclosing full and accurate details of the value of imported goods and supply any additional statements, information or documents, including the manufacturer's or producer's invoice when goods are imported through others, as required by the proper officer for valuation. The proper officer may independently verify the truth and accuracy of submissions, and wrong declarations or documents are subject to confiscation, penalty and prosecution under the Customs Act, 1962.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Importer declaration requirement: full value disclosure and documentary proof required, with verification and statutory penalties for falsehood.
Importers or their agents must provide a declaration disclosing full and accurate details of the value of imported goods and supply any additional statements, information or documents, including the manufacturer's or producer's invoice when goods are imported through others, as required by the proper officer for valuation. The proper officer may independently verify the truth and accuracy of submissions, and wrong declarations or documents are subject to confiscation, penalty and prosecution under the Customs Act, 1962.
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