Section 17
of Customs (Valuation of Imported Goods) Rules, 2001
Subsidiary LegislationIn forceProvision 17 of 31
Section 17
(1)
For three years following the commencement of these Rules, the customs value of goods shall be the nominal value fixed by the Controller under section 9 of the Customs Act.
(2)
Thereafter, the customs value shall be the customs value as stipulated in rule 4.
Import duty shortage to be paid in full.