Briefly explain the following with reference to the Customs (Determination of Value of Imported Goods) Rules, 2007: (ii) Place of Importation
CS Professional · Advanced Tax Laws · PYQS · June 2022
Briefly explain the following with reference to the Customs (Determination of Value of Imported Goods) Rules, 2007: (ii) Place of Importation
Answer & Explanation:
Place of Importation: As per rule 2(1) (da) of Customs Valuation (Determination of value of imported goods) Rules, 2007, "place of importation" means the customs station, where the goods are brought for being cleared for home consumption or for being removed for deposit in a warehouse.
Topics: Customs Act
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