Directorate General of Valuation (Customs)
E655907
The Directorate General of Valuation (Customs) is a specialized arm of Indian Customs responsible for setting, monitoring, and advising on customs valuation policies and practices to ensure fair and uniform assessment of imported and exported goods.
Statements (38)
| Predicate | Object |
|---|---|
| instanceOf |
Indian Customs organization
ⓘ
government agency ⓘ |
| country | India ⓘ |
| field |
customs valuation
ⓘ
international trade ⓘ |
| function |
analysis of import and export price trends
ⓘ
assistance in anti-evasion efforts related to undervaluation ⓘ interpretation of customs valuation rules ⓘ risk management support in valuation ⓘ standardization of valuation practices ⓘ |
| goal |
fair customs revenue collection
ⓘ
trade facilitation through clear valuation guidelines ⓘ uniform application of customs valuation law ⓘ |
| jurisdiction | Government of India ⓘ |
| legalFramework |
Customs Act, 1962 (India)
NERFINISHED
ⓘ
WTO Agreement on Customs Valuation NERFINISHED ⓘ |
| locatedIn | India ⓘ |
| mandate |
to advise the Government of India on customs valuation issues
ⓘ
to monitor implementation of customs valuation rules ⓘ to set customs valuation policies ⓘ |
| parentOrganization |
Central Board of Indirect Taxes and Customs
NERFINISHED
ⓘ
Department of Revenue, Ministry of Finance, Government of India NERFINISHED ⓘ |
| partOf | Indian Customs administration NERFINISHED ⓘ |
| responsibility |
advising on customs valuation matters
ⓘ
capacity building in customs valuation ⓘ customs valuation policy ⓘ development of valuation databases ⓘ ensuring fair assessment of exported goods ⓘ ensuring fair assessment of imported goods ⓘ ensuring uniform customs valuation across India ⓘ issuing valuation advisories and guidelines ⓘ monitoring customs valuation practices ⓘ supporting field formations in valuation disputes ⓘ |
| sector | Customs administration ⓘ |
| typeOf | specialized directorate of CBIC NERFINISHED ⓘ |
| worksWith |
Indian Customs field formations
NERFINISHED
ⓘ
international customs organizations ⓘ trade and industry stakeholders ⓘ |
Referenced by (1)
Full triples — surface form annotated when it differs from this entity's canonical label.