Understanding CUSTOMS Levy, Valuation & Assessment

by Rajendranath Bharathi

CONTENTS AT A GLANCE

Bharat?	5
Foreword by Dr. M. Uma Shankar, IRS (Retd.)	7
Preface	9
Acknowledgments	11
About the Author	13
Detailed Contents	17
Stop Press	25
Abbreviations	33
Chapter I Introduction	1
Chapter II Relevant provisions of the Customs Act, 1962	19
Chapter III Levy, Classification and Assessment of Goods	45
Chapter IV Customs Valuation	92
Chapter V Customs Clearance Procedures	124
Chapter VI Import & Export Restrictions and Prohibitions	156
Chapter VII Detention & Release/Storage of Imported/Export Goods	175
Chapter VII Re-importation and Re-exportation of Goods	180
Chapter IX Customs Valuation (Determination of Value of Imported Goods) Rules, 2007	187
Chapter X Customs Valuation (Determination of Value of Export Goods) Rules, 2007	207
Chapter XI Deferred Payment of Import Duty Rules, 2016	210
Chapter XII Customs (Import of Goods at Concessional Rate of Duty) Rules, 2017	212
Chapter XIII Re-export of Imported Goods (Drawback of Customs Duties) Rules, 1995	219
Chapter XIV Customs and Central Excise Duties Drawback Rules, 2017	224
Chapter XV Refund of Anti-dumping duty (Paid in excess of Actual Margin of Dumping) Rules, 2012	238
Chapter XVI Customs (Administration of Rules of Origin under Trade Agreements) Rules, 2020	240
Chapter XVII Project Imports Regulations, 1986	246
Chapter XVIII Bill of Entry (Electronic Integrated Declaration and Paperless Processing) Regulations, 2018	254
Chapter XIX Shipping bill (Electronic Integrated Declaration and Paperless Processing) Regulations, 2019	257
Chapter XX Shipping Bill (Post export conversion in relation to instrument based scheme) Regulations, 2022	260
Chapter XXI Customs (Finalisation of Provisional Assessment) Regulations, 2018	262
Chapter XXII Electronic Duty Credit Ledger Regulations,2021	266
Chapter XXIII Customs (Electronic Cash Ledger) Regulations,2022	269
Chapter XXIV Customs (Finalisation of Provisional Assessment) Regulations, 2025	273
Chapter XXV Recent Case Laws in brief	278