Rule 42
The Function, Duty And Authority Of The Chairperson And The Members Of The Valuation Review Committee
(1) The function, duty and authority of the Valuation Review Committee’s shall be as follows:
(a) Enquiry into the evidence presented by the applicant,
(b) Approve the decision of the customs officer or revoke the decision and take decision on behalf of the customs officer,
(c) Request to submit additional documents or evidence from the applicant
(d) Collect necessary information for the valuation of the goods.
(2) The decision made by the Valuation Review Committee’s shall be communicated within Seven days from the date of the decision to the applicant, Department and concerned customs offices.
(3) Monthly progress report of the Valuation Review Committee shall be submitted to the Ministry of Finance within Seven days of the expiry of the month.
(a) Enquiry into the evidence presented by the applicant,
(b) Approve the decision of the customs officer or revoke the decision and take decision on behalf of the customs officer,
(c) Request to submit additional documents or evidence from the applicant
(d) Collect necessary information for the valuation of the goods.
(2) The decision made by the Valuation Review Committee’s shall be communicated within Seven days from the date of the decision to the applicant, Department and concerned customs offices.
(3) Monthly progress report of the Valuation Review Committee shall be submitted to the Ministry of Finance within Seven days of the expiry of the month.