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Penalty and Confiscation under the Customs Act Explained
Customs law violations can lead to two different consequences: confiscation of goods and penalty on persons. While confiscation operates against the goods, a penalty is imposed on
Customs Valuation Disputes: How They are Decided?
Customs valuation is one of the most frequently disputed issues in customs law and import transactions. Since customs duty is generally calculated on the assessable value of import
