https://www.taxtmi.com/circulars?id=71275 Imported second-hand machinery should ordinarily be supported by an overseas inspection or appraisement report in the prescribed form. If unavailable, a locally empanelled Chartered Engineer may inspect the goods. The importer must intimate the Import Shed AC/DC, and the local inspection is supervised by an Appraising Officer or Superintendent. The resulting report requires countersignature by that officer and departmental submission for record purposes. Assessment considers the certificate, invoice, relevant documents and NIDB data to determine acceptance of transaction value or redetermination under the Customs Valuation Rules. en-us Thu, 30 Mar 2023 00:00:00 +0530 Fri, 11 Sep 2026 17:20:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=71275 Imported second-hand machinery should ordinarily be supported by an overseas inspection or appraisement report in the prescribed form. If unavailable, a locally empanelled Chartered Engineer may inspect the goods. The importer must intimate the Import Shed AC/DC, and the local inspection is supervised by an Appraising Officer or Superintendent. The resulting report requires countersignature by that officer and departmental submission for record purposes. Assessment considers the certificate, invoice, relevant documents and NIDB data to determine acceptance of transaction value or redetermination under the Customs Valuation Rules. Circulars Customs Thu, 30 Mar 2023 00:00:00 +0530 https://www.taxtmi.com/circulars?id=71275