Directorate General Customs Valuation (DGCV) has revised the customs values of ceramic/porcelain sanitary wares under section 25(7) of the Customs Act, 1969. According to details, the DGCV has received number of representations that sanitary porcelain/sanitary wares of different types and brands are being assessed at lower values.
Therefore, the Directorate has initiated an exercise to determine the customs values of subject items under section 25-A of the Customs Act, 1969 to reflect the prices prevailing in the international market. For the purpose, meetings were held with stakeholders on February 22, 2018 with importers and representatives of field formations.
The importers contended that their imported items were being assessed at higher values and added that the assessment was being carried out at values issued in an advice no. 19/2008 whereas other identical brands were being assessed at much lower values. They also submitted import documents, invoices and other relevant documents to substantiate their contentions.
Later, the valuation methods given in section 25 of the Customs Act, 1969 were followed to arrive at customs values of ceramic/porcelain sanitary wares. The transaction value method provided in section 25(1) was found inapplicable because the requisite information was not available. Similarly the identical goods value methods provided in section 25(5) & (6) were also examined for applicability to the valuation issue in the instant case which provided some reference values of the subject goods but the same could not be exclusively relied on due to wide variation in declared values of subject goods. Thereafter the market enquiries as envisaged under section 25(7) of the Customs Act, 1969 were conducted.
Finally, all gathered information was evaluated and analyzed and the customs values of ceramic/porcelain sanitary wares have been determined under section 25(7) of the Customs Act, 1969.
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