CBIC notifies the Customs Valuation Rules 2023, effective from February 11
From next month, importers will have to furnish additional information at Customs Automated System while filing a bill of entry in case of “specified goods”. The centre has notified the Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023, aimed at addressing the undervaluation of specified imported goods. The rules will be effective … Read more