Make a correct and complete declaration for speedy assessment & clearance
IN a recent Public Notice issued by JNCH, Nhava Sheva, attention of Exporters and Customs Brokers is invited to earlier Public Notices No. 42/2010 dated 07-04-2010 and 75/2011 dated 05-05-2011 wherein it has been stressed that the declaration of correct and complete description of export goods in Shipping Bills is essential for speedy assessment and clearance of Export Goods.
Now, the Commissioner informs that a study conducted by Directorate General of Valuation showed that there was no significant improvement in data quality.
Inasmuch as it had been observed that description of goods mentioned in the Shipping Bills / invoices are either incomplete, vague or does not contain specific details such as composition, grade, configuration, denier, GSM, size, type, brand, machine / handmade or any other factor/ parameters having its bearing on the value of goods. Moreover, goods being declared of same description are having large price variation and no specific quality/reason are being mentioned in the description field to justify such price variation.
Once again emphasizing the importance of making a correct and complete declaration, the Commissioner warns the exporters/customs brokers that any deviation from the prescribed norms may lead to delayed clearance and / or cancellation of export promotion benefits as well as consequential penal actions.
As to why this could be detected only by the Directorate of Valuation is a bit surprising.
Public Notice No. dated 03.02.2016 JNCH, Nhava Sheva