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Issue ID: 114137
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enhancement limit of e-commrce

Date 11 Sep 2018
Replies 1 Reply
Views 1096 Views
Enhancement limit for e commerce consignments increased by notification, altering when customs may reassess declared values.
The operative change is recorded in Notification No. 22/2015-2020 dated 26.07.2018, which implements an increased valuation threshold for enhancement of declared value on e commerce imports and adjusts circumstances in which customs may reassess or enhance declared transaction values for duty determination. (AI Summary)

Dear Sir,

I need a custom circular regarding enhancement limit of 5 lakhs from rs. 25000.00

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