Document Fragment View

Matching Fragments

 For valuation pl refer valuation annexure sheet.  The Digital Multifunction Devices are designed to work as Printer, Scanner, Copier and Fax (Optional).

He estimated the value of the imported consignment at US$60,900/- (Rs.43,96,185/-).

8. Further, another Customs empanelled Chartered Engineer Shri Varun Chandok also submitted his report which contained the details such as 'Model', Machine Serial Number', 'Year of Manufacture', 'Country of Origin', 'Estimated Suggestive FOB Value', 'Rate of Depreciation' and 'Estimated Suggestive Depreciated FOB Value' and he suggested the FOB value of the consignment at US$1,04,415/- (Rs.75,37,400/-). However, both the reports were not accepted by the DRI and the consignment was estimated at US$1,79,257/- (Rs.1,29,40,016/-) relying on Board's Circular No.25/2015-Cus dated 15.10.2015 and a letter dated 24.02.2018 from Cannon India Pvt. Ltd. The letter received from M/s Cannon India Pvt. Ltd is as under:-