https://www.taxtmi.com/news?id=25861 The rules permit the Board to notify identified goods-classes of imports suspected to be undervalued-and require committees to examine written references and value trends. The Evaluation Committee must report specified parameters including 8 digit HS codes, brands, a precautionary unit value, Unique Quantity Code, technical specifications, additional importer obligations (such as manufacturer invoices, test or expert reports, costing) and checks to be exercised; notifications apply for 1-2 years and are implemented via the Customs Automated System, with review and specified exceptions. en-us Mon, 10 Oct 2022 18:39:03 +0530 Wed, 11 Feb 2026 15:59:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=25861 The rules permit the Board to notify identified goods-classes of imports suspected to be undervalued-and require committees to examine written references and value trends. The Evaluation Committee must report specified parameters including 8 digit HS codes, brands, a precautionary unit value, Unique Quantity Code, technical specifications, additional importer obligations (such as manufacturer invoices, test or expert reports, costing) and checks to be exercised; notifications apply for 1-2 years and are implemented via the Customs Automated System, with review and specified exceptions. News - Mon, 10 Oct 2022 18:39:03 +0530 https://www.taxtmi.com/news?id=25861