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