Circular No. 84/2003-Cus.
September 24 , 2003
F.No.438/38/2000-Cus.IV
Government of India
Ministry of Finance
(Department of Revenue)
Central Board of Excise & Customs
Subject : Marble Imports-valuation-Finalisation of Provisional Assessments-reg.
I am directed to refer to Board’s Circular No. 40/2002-Cus., dated 17/7/2002, on the above-mentioned subject, wherein various issues involved in finalisation of provisional assessment cases of marble imports were clarified. In the said Circular, para 2(d) contained guidelines on valuation of marble slabs and marble blocks. Subsequently, vide Circular No.45/2002-Cus, dated 23.7.2002 , it was decided that application of the para 2(d) of said Circular should be kept in abeyance.
2. The matter has been examined by the Board. It has been decided that the valuation of marble ,i.e , rough or raw marble blocks, rough marble slabs, polished marble blocks, should be considered on merits as per the provisions of the Customs Valuation (Determination of Price of Imported Goods) Rules, 1988. Where necessary , the data available with the Directorate of Valuation could be considered for guidance.
3. Accordingly, all pending provisional assessment cases relating to marble imports may be finalised on the basis of above instructions.
4. Difficulties, if any, in implementation of above instructions, may be brought to the notice of the Board.
5. Kindly acknowledge receipt of the Circular.
6. Hindi version will follow.
D.S. Garbyal
Under Secretary to the Government of India
Phone No. 23094182
