https://www.taxtmi.com/article/detailed?id=6490 Assessable value of imported second hand machinery is the price paid or payable by the buyer and includes all costs up to the Indian port-repairs, refurbishment, modernization, crating, dismantling and pre shipment inspection. Imports must be accompanied by an Inspection/Appraisement report (Overseas CE Form A or Form B from a DGFT empanelled or Customs empanelled agency). The CE report and prescribed workings are compared with the declared value; significant discrepancies prompt a written query under Rule 12 CVR 2007, and valuation is determined under Rules 3-9 as applicable. en-us Fri, 23 Oct 2015 08:13:42 +0530 Fri, 23 Oct 2015 08:13:42 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=6490 Assessable value of imported second hand machinery is the price paid or payable by the buyer and includes all costs up to the Indian port-repairs, refurbishment, modernization, crating, dismantling and pre shipment inspection. Imports must be accompanied by an Inspection/Appraisement report (Overseas CE Form A or Form B from a DGFT empanelled or Customs empanelled agency). The CE report and prescribed workings are compared with the declared value; significant discrepancies prompt a written query under Rule 12 CVR 2007, and valuation is determined under Rules 3-9 as applicable. Articles Customs - Import - Export - SEZ Fri, 23 Oct 2015 08:13:42 +0530 https://www.taxtmi.com/article/detailed?id=6490