Valuation compliance: importers must declare raw material, product characteristics and manufacturing inputs to support customs assessment. Mandated valuation controls require bills of entry to state raw material composition, product type and finish, hardener type and proportion, and other value-affecting features; documentary proof must be obtained or, failing that, first-check examination and laboratory testing used to verify composition. Assessors must factor raw material prices, manufacturing costs, reasonable profit and aesthetic value when determining assessable value, and field formations must follow these verification procedures and report implementation issues to the valuation cell.
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Provisions expressly mentioned in the judgment/order text.
Valuation compliance: importers must declare raw material, product characteristics and manufacturing inputs to support customs assessment.
Mandated valuation controls require bills of entry to state raw material composition, product type and finish, hardener type and proportion, and other value-affecting features; documentary proof must be obtained or, failing that, first-check examination and laboratory testing used to verify composition. Assessors must factor raw material prices, manufacturing costs, reasonable profit and aesthetic value when determining assessable value, and field formations must follow these verification procedures and report implementation issues to the valuation cell.
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