Customs valuation rules clarified; stakeholders urged to follow Board Circular guidance and disseminate it promptly. New Customs Valuation (Determination of Value of Imported Goods) Rules, 2007 took effect on 10 October 2007 and Public Notice directed stakeholders to those Rules; Board Circular No. 38/2007-Customs dated 09.10.2007 provides clarifications on major changes and stakeholders are requested to publicise the Circular among their members for information and necessary action.
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.
Customs valuation rules clarified; stakeholders urged to follow Board Circular guidance and disseminate it promptly.
New Customs Valuation (Determination of Value of Imported Goods) Rules, 2007 took effect on 10 October 2007 and Public Notice directed stakeholders to those Rules; Board Circular No. 38/2007-Customs dated 09.10.2007 provides clarifications on major changes and stakeholders are requested to publicise the Circular among their members for information and necessary action.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
