TaxTMI 
TaxTMI 
Creation of Valuation Checking Cell in each Customs House regarding
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....eck on under-valuation of sensitive commodities. In view of above, I am directed to say that all the formations shall create a "Separate Valuation Checking Cell" in each Customs House if not already done and initiate necessary action to review the undervalued consignments so that remedial action is promptly taken. The Valuation Cell will ensure the use of NIDB data by the assessing officers while assessing live consignments. The Cell will compile the data called for in Chairman's D.O. letter dated 27-12-2001 (copy enclosed for ready reference) and forward it to the jurisdictional Chief Commissioner, so that the aggregate Zonal Data can be sent to the Directorate of Valuation by 7th day of every succeeding month. All the field formations a....
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....centres and that collected from various other sources. Board feels that apart from this scrutiny there should be an arrangement in every Custom House for an independent further check on prices being declared and accepted specially for sensitive commodities to guard against any consignments involving considerable under-declaration getting assessed based upon declared prices due to volume of work or lack of proper checks etc. in the assessment group. It has, therefore, been decided that a separate valuation checking cell may be created in each Custom House comprising of two officers of Appraiser's rank. This cell should be fully equipped with valuation data provided by Directorate of Valuation as well as the data bank stored in the computer s....
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....ue. 4. The Ministry is also of the view that one terminal should be provided to the DRI office at the same station as the Custom House so that the DRI officers can also maintain a watch on the ongoing process of assessment from valuation angle etc. 5. You are requested to ask your officers to contact concerned officials of the Directorate of Systems and get a "Read Only" terminal which will have access to all the Bills of Entry being assessed in the Custom Houses. Similarly, arrangements may be made for extending one such terminal to the DRI office. 6. I shall be thankful if feedback about action taken in the matter could be sent to the Board on immediate basis. Yours Sincerely, Sd/- (P.C. JHA) ANNEXURE II Copy of letter D.O.F. No. ....