10% Valuation Variation Allowed Despite Lack of Prior Approval; Standing Order Seen as Guideline, Not Strict Rule.

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....Valuation - If all other conditions are satisfied such as import of the goods from the manufacturer then merely because the procedure of prior written approval cannot come in the way of allowing the 10% variation from the PLATTS rate to arrive at the valuation - the standing order itself is a guideline and not an Act or Rules made under Customs Act. - The noncompliance of standing order is only a procedure lapse, for which the substantive benefit of the 10% variation cannot be denied - AT....