Assistance in value declaration defines key terms and committee roles for processing identified imported goods. The Rules define key terms for implementation of assistance in value declaration: unspecified terms adopt meanings from the Customs Act, 1962 and the Customs Valuation Rules, 2007; senior office-holders are defined inclusively; a class of imported goods covers groups or ranges of identical or similar goods produced by an industry; 'identified goods' are classes or subsets specified by the Board under an Order; and the instrument formally defines the Screening Committee and Evaluation Committee.
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Provisions expressly mentioned in the judgment/order text.
Assistance in value declaration defines key terms and committee roles for processing identified imported goods.
The Rules define key terms for implementation of assistance in value declaration: unspecified terms adopt meanings from the Customs Act, 1962 and the Customs Valuation Rules, 2007; senior office-holders are defined inclusively; a class of imported goods covers groups or ranges of identical or similar goods produced by an industry; "identified goods" are classes or subsets specified by the Board under an Order; and the instrument formally defines the Screening Committee and Evaluation Committee.
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