https://www.taxtmi.com/circulars?id=66149 The Rules create a staged institutional process-receipt of prescribed written references, Screening Committee confirmation and deficiency rectification, Evaluation Committee detailed examination and report-by which the Board may designate classes as identified goods. For such goods importers must make specified declarations at bill-of-entry and comply with system-mandated additional obligations and checks to demonstrate value accuracy; only where reasonable doubt persists will proceedings continue under rule 12 of the Customs Valuation Rules, 2007. An electronic application and Customs Automated System changes will support implementation, with specified review, withdrawal and exception mechanisms. en-us Wed, 11 Jan 2023 00:00:00 +0530 Wed, 11 Jan 2023 17:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=66149 The Rules create a staged institutional process-receipt of prescribed written references, Screening Committee confirmation and deficiency rectification, Evaluation Committee detailed examination and report-by which the Board may designate classes as identified goods. For such goods importers must make specified declarations at bill-of-entry and comply with system-mandated additional obligations and checks to demonstrate value accuracy; only where reasonable doubt persists will proceedings continue under rule 12 of the Customs Valuation Rules, 2007. An electronic application and Customs Automated System changes will support implementation, with specified review, withdrawal and exception mechanisms. Circulars Customs Wed, 11 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=66149