valuation ryle for nidb data ( customs loading higher side value as well as previous shipment .

[dave manoj]

dear sir,

 pl. advice for nidb valuation rules, becuase customs want to loading value as well as previous  shipment however at the time of import qty is 1 kg & right now import qty is 100 kgs , customs want  to load value as per prv. prv. ship. value is 550/kg & recent value is 180/kg

 thanks & rgds

 manoj dave

AI Summary

Customs Valuation Debate: Officials Urged to Consider Quantity in Price Determination, Follow Section 14 and Valuation Rules. A discussion was initiated regarding the customs valuation rules for NIDB data, where customs officials were attempting to impose a higher valuation based on previous shipment values despite a significant increase in import quantity. The initial shipment was 1 kg valued at 550/kg, while the current shipment is 100 kgs valued at 180/kg. A response highlighted that customs should not blindly apply NIDB data for valuation, as quantity is a crucial factor in determining price. It was advised that valuation should adhere to section 14 and relevant valuation rules, supported by case law.