Cir. No.330/46/1997-CX, dt. 20/08/1997
- Document type
- Circular
- Reference no.
- D
- Dated
DTA Sale by EOUs
Please refer to Board"s Circular No. 268/35/92-CX.8 dated 17.8:94 regarding valuation of goods manufactured and cleared into DTA by 100% EOUs.
2. As per the aforesaid Circular, Invoice value can be accepted for the purpose of assessment when it is in conformity with the Transaction Value under Rule 3(1) of the Customs Valuation Rules, 1988. These instructions are applicable to assessment of waste and scrap as much as they are applicable to cither goods cleared by the EOUs.
3. I am directed to reiterate the aforesaid instructions of the Board and to say that Transaction Value under Rule 3(1) of the Customs Valuation Rules, 1988, should be accepted by the assessing officer with respect to DTA clearances.
Sd/-
(Mallika Arya)
Under Secretary to the Government of India