Importers To Furnish Additional Information At Customs Automated System While Filing A Bill Of Entry In Case Of "Specified Goods": CBIC

The Central Board of Indirect Taxes and Customs (CBIC) has notified the Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023 (CAVR, 2023), which shall come into effect on February 11, 2023.

The Board has informed importers that, when filing a bill of entry for "specified goods," they will need to provide additional information in the Customs Automated System.

The rules offer directions to both the person referring something to the board and the person conducting a thorough examination. In order to examine the case for specifying identified goods, for instance, Rule 6 not only specifies the sources from which a reference may be received by the Board but also the accompanying information or data. Similar to rule 7, rule 8 also mentions the type of data the evaluation committee may take into account.

The Directorates and NACs should act immediately to put the designated members, etc., in place so that the committees can fulfil the purpose and duties assigned to them by the rules. The committees are encouraged to finish their work before the allotted time because the rules contain binding deadlines. Professional meetings should be held by the committees as frequently as necessary, including virtually or in a hybrid format, with the necessary record-keeping.

The rule states that further actions must only be taken in accordance with Rule 12 of the CVR, 2007 in cases where the proper officer still has a reasonable doubt about the veracity or accuracy of the value declared in relation to the identified goods. The provisions of CAVR, 2023, therefore, aim to assist both the importer and the appropriate officer in the assessment function in proving the veracity or accuracy of the declared value of the identified goods. However, the rules do not, in themselves, provide a method for value determination.

Circular No. 01/2023-Customs

Date: 11.01.2023

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