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Reference Price
1. The Risk Management Division or the Risk Management System inserts Alerts in the Customs Edi system to help the Assessing officer in valuation of the goods. Such Alerts are only consultative in nature and have no legal standing in law, however it is seen that the Assessing Officer rarely does any further investigation for justifying rejection of transaction value and just refers to this Reference Value noticed in the Alert.
2. Contemparoneous Imports price
Price: 25000.00 Rs.
Associated Reports