Section 20
Section 20
(1)
The rate of import duty applicable to any goods shall be –
(a)
in the case of goods lawfully imported –
(i)
if such goods, other than petroleum in a licensed warehouse, are warehoused, the rate in force on the day on which the removal of the goods is authorised by the proper officer of customs;
Incorporating amendments until S 40/2018
(Clean Version) Norhasnani/H.Afif/zimah/zura_as of 17.02.2020
20
BLUV as at 08th August 2018
(ii)
if such goods consist of petroleum which is in a licensed warehouse, the rate in force on the day on which such petroleum is removed from such warehouse;
(iii)
if such goods are imported by post, the rate in force on the day on which duty is assessed by the proper officer of customs; and
(iv)
in any other case, the rate in force on the day on which such goods are released by the proper officer of customs;
(b)
in the case of uncustomed goods, the rate in force on the day on which such goods became uncustomed goods, if known, or the rate in force on the day of seizure, whichever is the higher.
(2)
For the purpose of calculating the customs duty payable, the valuation applicable to any goods shall be made in the prescribed manner.
Calculation of export duty.