![CESTAT upholds redetermination of value of Diaphragm Boost Pump carried out by customs authorities under Rule 7 of Customs Valuation Rules [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/CESTAT-Diaphragm-Boost-Pump-customs-authorities-Customs-Valuation-Rules-CESTAT-upholds-redetermination-taxscan.jpg "CESTAT upholds redetermination of value of Diaphragm Boost Pump carried out by customs authorities under Rule 7 of Customs Valuation Rules [Read Order]")
CESTAT upholds redetermination of value of Diaphragm Boost Pump carried out by customs authorities under Rule 7 of Customs Valuation Rules [Read Order]
The Delhi Bench of Customs, Excise & Service Tax Appellate Tribunal (CESTAT) upheld the redetermination of the value of the diaphragm boost pump...
![CBIC issues Order under rule 5 of Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 for Linear Alkyl Benzene [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/CBIC-Order-Customs-Assistance-Value-Declaration-Identified-Imported-Goods-Linear-Alkyl-Benzene-TAXSCAN.jpg "CBIC issues Order under rule 5 of Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 for Linear Alkyl Benzene [Read Order]")
![Enhancement of Value of Imported Goods without Giving Proper Reasons to Reject Transaction Value cannot be Sustained: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Enhancement-Value-Imported-Goods-Proper-Reasons-Reject-Transaction-Value-Sustained-CESTAT-TAXSCAN.jpg "Enhancement of Value of Imported Goods without Giving Proper Reasons to Reject Transaction Value cannot be Sustained: CESTAT [Read Order]")
Finance Ministry notifies Foreign Currency Conversion Rates for Import and Export of Goods w.e.f. July 7th, 2023
With effect from today (07-07-2023), the Central Board of Indirect Taxes and Customs (CBIC) has announced the revised rates of exchange for conversion of foreign currencies for import and export of...
Transaction Value declared by Importer deemed as Assessable Value unless rejected for Specific Reasons under Customs Valuation Rules: CESTAT [Read Order]
The Customs, Excise & Service Tax Appellate Tribunal (CESTAT), Ahmedabad bench has held that the Transaction Value declared by the Importer shall be deemed to be the Assessable Value unless the...
![Transaction Value declared by Importer deemed as Assessable Value unless rejected for Specific Reasons under Customs Valuation Rules: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/07/Transaction-Value-Importer-Assessable-Value-rejected-Specific-Customs-Valuation-Rules-CESTAT-TAXSCAN.jpg "Transaction Value declared by Importer deemed as Assessable Value unless rejected for Specific Reasons under Customs Valuation Rules: CESTAT [Read Order]")
![Finance Ministry Amends Exchange Rate of Turkish Lira w.e.f. 8th June 2023 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/06/Finance-Ministry-Turkish-Lira-Finance-Ministry-Amends-Exchange-Rate-of-Turkish-Lira-Exchange-Rate-taxscan.jpg "Finance Ministry Amends Exchange Rate of Turkish Lira w.e.f. 8th June 2023 [Read Notification]")
Finance Ministry notifies Foreign Currency Conversion Rates for Import and Export of Goods w.e.f. June 2nd, 2023 [Read Notification]
With effect from today (01-06-2023), the Central Board of Indirect Taxes and Customs (CBIC) has announced the revised rates of exchange for conversion of foreign currencies for import and export of...
![Finance Ministry notifies Foreign Currency Conversion Rates for Import and Export of Goods w.e.f. June 2nd, 2023 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/06/Finance-Ministry-notifies-Foreign-Currency-Conversion-Rates-for-Import-and-Export-of-Goods-TAXSCAN.jpg "Finance Ministry notifies Foreign Currency Conversion Rates for Import and Export of Goods w.e.f. June 2nd, 2023 [Read Notification]")
Valuation of Import Goods based on Value of Prime Material is not valid: CESTAT sets aside Computation based on LME Prices [Read Order]
The Kolkata Bench of the Customs, Excise & Service Tax Appellate Tribunal ( CESTAT ) has held that valuation of import goods based on the value of prime material is not valid in absence of cogent...
![Valuation of Import Goods based on Value of Prime Material is not valid: CESTAT sets aside Computation based on LME Prices [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/03/Valuation-of-Import-Goods-Import-Goods-Import-Prime-Material-CESTAT-Computation-LME-Prices-Customs-Excise-Service-Tax-Taxscan.jpg "Valuation of Import Goods based on Value of Prime Material is not valid: CESTAT sets aside Computation based on LME Prices [Read Order]")
CBIC notifies Foreign Currency Conversion Rates for Import and Export of Goods effective from Today [Read Notification]
The Central Board of Indirect Taxes and Customs ( CBIC ) has notified the redetermined rates of exchange of conversion of foreign currencies for import and export of goods effective from today...
![CBIC notifies Foreign Currency Conversion Rates for Import and Export of Goods effective from Today [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/03/CBIC-CBIC-notifies-Foreign-Currency-Conversion-Rates-Import-Import-and-Export-Taxscan.jpg "CBIC notifies Foreign Currency Conversion Rates for Import and Export of Goods effective from Today [Read Notification]")
CBIC Notifies Customs (Assistance in Value Declaration of Identified Imported Goods) Rules [Read Notification]
The Central Board of Indirect Taxes and Customs (CBIC) has notified the Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023. As per the rules notified on Wednesday,...
![CBIC Notifies Customs (Assistance in Value Declaration of Identified Imported Goods) Rules [Read Notification]](https://www.taxscan.in/wp-content/uploads/2023/01/CBIC-CBIC-Notifies-Customs-Rules-Customs-Rules-Customs-Imported-Goods-Value-Declaration-taxscan.jpg "CBIC Notifies Customs (Assistance in Value Declaration of Identified Imported Goods) Rules [Read Notification]")