What is rule 12 of customs?
What is rule 12 of customs? Rule 12 of CVR, 2007 empowers the department to reject the transaction value declared by the importer.
What is the rule 5 of customs Act?
Explanation: Rule 5 (b) deals with other types of containers and packing materials. These should be classified with the goods they contain if they are of a kind normally used for packing such goods and are not suitable for repetitive use.
What is rule 3 c customs?
3(c) When goods cannot be classified by reference to 3(a) or 3(b), they shall be classified under the heading which occurs last in numerical order among those which equally merit consideration. Rule 3(c) is used only when Rules 3(a) and 3(b) fail.
What is Rule 2 of customs rules?
Explanation: Rule 2 (a) deals with the classification of unfinished, incomplete, unassembled or disassembled goods. Unfinished and incomplete goods can be classified under the same Heading as the same goods in a finished state provided that they have the essential character of the complete or finished article.