Declared value of goods---Amendment--- Principle--- No amendment under S.205 of Customs Act, 1969, is allowed in the columns of declared value, quantity or description after removal of the goods from customs area for home consumption. Re-assessment---Procedure---Re-assessment order in any shape / manner by all means falls within the definition of demand notice for recovery of short paid amount of duty and taxes due to commission on inadvertence by officials of Clearance Collectorate---Such type of recovery can only be created upon passing an order after issuance of show-cause notice under S.32(3) of Customs Act, 1969.
| Court | Year | Appellant vs Respondent | Sections | Topic |
|---|---|---|---|---|
| Customs Appellate Tribunal | 2021 | MESSRS M.I. TRADERS, LAHORE Vs THE APPRAISER, GROUP-I, MCC OF APPRAISEMENT-EAST, CUSTOM HOUSE, KARACHI AND 2 OTHERS |
Customs Act of 1969 S. 205 & 32(3) |
Declared value of goods/ Re-assessment |