| Date: |
31-03-1997
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| Notification No: |
Customs Circular No 7/1997
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| Issuing Authority: |
Indian Customs
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| Type: |
Circular
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| File No: |
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| Subject: |
Regarding adjudication of cases involving under valuation of imported goods
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Regarding adjudication of cases involving under valuation of imported
goods
Circular No. 7 dated 31st March 1997
I am directed to
refer your D.O.F. No. ADC/ GB-3/ 96-Misc. dated 18.12.96 addressed to Director
(Customs) regarding the powers of adjudicating authority in case of under
valuation of imported goods. You have referred to Board's circular No.
8/95-Cus., dated 23.1.95 which provide that in case of under valuation of
imported goods where the value declared is sought to be enhanced to above Rs. 10
lakhs, the adjudication in such cases is to be done by Commissioner of Customs.
Reference is
regarding the cases where value declared by the importer is more that Rs. 10
lakhs but after investigation the same is sought to be reduced to below Rs. 10
lakhs.
The matter was
examined by Board and it has been observed that in cases where value is declared
for higher amount and the value is found to be lower on the advice of experts or
otherwise even in such cases, the adjudication is required to be done by the
Commissioner of Customs because the lowering of value is affected when the final
order is passed after satisfaction of the adjudicating authority. Hence
Commissioner of Customs has to continue with the Adjudication.
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