Imported goods valuation date rules fix duty and tariff valuation by bill of entry, payment date, and deemed presentation timing. The rate of duty and tariff valuation for imported goods are fixed by the statutory date linked to the mode of importation: presentation of the bill of entry for home consumption, presentation of the bill of entry for goods cleared from a warehouse, or the date of payment of duty for other goods. A bill of entry filed before entry inwards or arrival is deemed presented on that later date. The section does not apply to baggage or goods imported by post.
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.
Imported goods valuation date rules fix duty and tariff valuation by bill of entry, payment date, and deemed presentation timing.
The rate of duty and tariff valuation for imported goods are fixed by the statutory date linked to the mode of importation: presentation of the bill of entry for home consumption, presentation of the bill of entry for goods cleared from a warehouse, or the date of payment of duty for other goods. A bill of entry filed before entry inwards or arrival is deemed presented on that later date. The section does not apply to baggage or goods imported by post.
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