Freight declaration requirement: exporters must declare actual freight on shipping bills; misdeclaration triggers recovery and penalties. Exporters must declare the actual freight paid or payable on the shipping bill or at presentation; if actual freight cannot be ascertained, a provisional declaration based on the published freight schedule is permitted, but exporters must review shipments and promptly repay any excess drawback or incentives obtained due to understatement. Misdeclaration causing revenue loss will be processed under the Customs Act, and customs will undertake verification and take action against noncompliance; supplementary claims are barred where actual freight is less than declared.
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.
Freight declaration requirement: exporters must declare actual freight on shipping bills; misdeclaration triggers recovery and penalties.
Exporters must declare the actual freight paid or payable on the shipping bill or at presentation; if actual freight cannot be ascertained, a provisional declaration based on the published freight schedule is permitted, but exporters must review shipments and promptly repay any excess drawback or incentives obtained due to understatement. Misdeclaration causing revenue loss will be processed under the Customs Act, and customs will undertake verification and take action against noncompliance; supplementary claims are barred where actual freight is less than declared.
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