Circular No. 112/95
dated 31/10/95
 
F.No. 467/43/95-CUS-V
 
Government of India
Ministry of Finance, Department of Revenue
Central Board of Excise & Customs, New Delhi
Subject : Toner Cartridges for Lazer Printers and Ink Cartridges for Ink Jet Printer - Indicative prices for Customs
               Valuation
 
        Representations have been received that there is a gross under-invoicing of toner for Photocopiers and toner cartridges of laser printers and ink cartridges of Ink Jet Printers.

        2.    Toner Cartridges for Laser Printers and Ink Cartridges for Ink Jet Printers:

3.    Toners for Photocopiers :- 4.    Kindly ensure that the above information is kept in mind when the goods are assessed to duty. The prices calculated as above would be the bare minimum prices at which such goods could be procured. In cases, prices declared are higher or otherwise found to be higher, then, of course, the higher price should be taken for assessment. This letter may be circulated to all the concerned in order to ensure that there is no revenue loss on account of under-valuation.
Sd/-
(Vinay Chhabra)
Deputy Secretary to the Govt. of India