CBIC issues draft rules for Customs valuation

The specified goods will be the list of items, selected by the Board where it has reason to believe that the value of such goods may not be declared truthfully or accurately. According to the draft the list of such goods will be prepared and recommended by a screening committee and evaluation committee. The list may include or remove an item vide a notification and the screening committee will keep on reviewing the list every six months.

CBIC issues draft rules for Customs valuation
The specified goods will be the list of items, selected by the Board where it has reason to believe that the value of such goods may not be declared truthfully or accurately. According to the draft the list of such goods will be prepared and recommended by a screening committee and evaluation committee. The list may include or remove an item vide a notification and the screening committee will keep on reviewing the list every six months.