https://www.taxtmi.com/circulars?id=1462 Admissibility of duty drawback rests on declared FOB value; where intelligence or prima facie evidence indicates inflated invoicing or sub-standard goods, field formations must obtain senior approval and undertake market verification to determine present market value. Verifications that establish artificial inflation should be investigated and decided under the legal framework for export valuation and drawback; verifications must not be routine, must be expeditiously concluded to avoid trade harassment, and administrative guidance and public notices should be issued. en-us Wed, 05 Feb 2003 00:00:00 +0530 Mon, 02 Mar 2009 12:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1462 Admissibility of duty drawback rests on declared FOB value; where intelligence or prima facie evidence indicates inflated invoicing or sub-standard goods, field formations must obtain senior approval and undertake market verification to determine present market value. Verifications that establish artificial inflation should be investigated and decided under the legal framework for export valuation and drawback; verifications must not be routine, must be expeditiously concluded to avoid trade harassment, and administrative guidance and public notices should be issued. Circulars Customs Wed, 05 Feb 2003 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1462