https://www.taxtmi.com/article/detailed?id=16086 The Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 create a targeted compliance framework for imported goods where undervaluation is suspected. They supplement the Customs valuation regime, apply only to goods specifically identified by the Board, and operate through a two-tier screening and evaluation process. Importers of identified goods must furnish enhanced value declarations, additional documents, and responses to queries, while the proper officer may seek clarification and proceed under the valuation rules if doubt remains. en-us Fri, 27 Mar 2026 09:23:09 +0530 Fri, 27 Mar 2026 09:23:09 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16086 The Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 create a targeted compliance framework for imported goods where undervaluation is suspected. They supplement the Customs valuation regime, apply only to goods specifically identified by the Board, and operate through a two-tier screening and evaluation process. Importers of identified goods must furnish enhanced value declarations, additional documents, and responses to queries, while the proper officer may seek clarification and proceed under the valuation rules if doubt remains. Articles Customs - Import - Export - SEZ Fri, 27 Mar 2026 09:23:09 +0530 https://www.taxtmi.com/article/detailed?id=16086