Import value declaration rules require Board-approved identification of goods, disclosure details, importer obligations, checks, and limited order validity. The Board is required to consider the Screening Committee's recommendation before issuing an order identifying imported goods for value declaration ... Summary
Import value declaration rules require Board-approved identification of goods, disclosure details, importer obligations, checks, and limited order validity.
The Board is required to consider the Screening Committee's recommendation before issuing an order identifying imported goods for value declaration purposes. If satisfied, it may specify the complete description of the identified goods with the 8-digit HS Code, the Unique Quantity Code to be used by the importer, the technical or other specifications to be declared, any additional importer obligations, the checks to be applied, and the validity period of the order, which must be at least one year and not more than two years in the first instance.
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