Importers Must Justify Identical FOB Values in Trade Documents; Court Upholds Regulation for Compliance Verification.

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....This case involves a challenge to a public notice issued by customs authorities, specifically Clause 3(ii), which requires importers to provide an explanation for identical FOB (Free on Board) values mentioned in the FTA-COO (Free Trade Agreement Certificate of Origin) and the third-country invoice when submitting the self-assessed bill of entry. The court held that Clause 3(ii) does not infringe upon the importer's rights or entitlements under preferential trade agreements. The requirement to provide an explanation is only to enable the proper officer to assess and verify compliance with the relevant rules and regulations. The court clarified that this clause applies only in cases of identical FOB values and not in all cases. The petitione.........