Directorate General of Valuation Central Board of Excise & Customs Government of India

438/38/2000-Cus.IVCircular No.84/2003-Cus.

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Circular No. 84/2003-Cus. -September24, 2003

Government of India
Ministry of Finance
(Department of Revenue)
Central Board of Excise Customs

Subject: Marble Imports-valuation-Finalisationof Provisional Assessments-reg.

I am directed to refer to Boards Circular No. 40/2002-Cus., dated 17/7/2002, on the above-mentioned subject, wherein various issues involved infinalisationof provisional assessment cases of marble imports were clarified. In the said Circular,para2(d) contained guidelines on valuation of marble slabs and marble blocks. Subsequently, vide Circular No.45/2002-Cus,dated23.7.2002, it was decided thatapplication of thepara2(d) of said Circular should be kept in abeyance.

  1. Thematterhas been examinedby theBoard. It hasbeen decidedthat thevaluation 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. Wherenecessary,the data availablewith theDirectorate ofValuationcouldbe consideredforguidance.
  1. Accordingly,allpendingprovisional assessment cases relating to marble imports may befinalisedon the basis of above instructions.
  1. Difficulties, if any, in implementation of above instructions, may be brought to the notice of the Board.
  1. Kindly acknowledge receipt of the Circular.
  1. Hindi version will follow.

Under Secretary totheGovernmentofIndia
PhoneNo. 23094182

Wednesday, September 24, 2003