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Lesson 5 Customs Law - ICSI

Lesson 5 Customs Law: Part I Introduction and Basic Concepts 6 Lesson 5 Customs Law Introduction and Basic Concepts, Valuation, Assessment of imported and Export Goods and Procedural Aspects This Lesson is divided into the following parts: I Introduction and Basic Concepts of Customs Law II Valuation, Assessment of imported and Export Goods and Procedural Aspects LEARNING OBJECTIVES The Custom duty derived its value from the word custom under which whenever a merchant entered a Kingdom with his merchandise, he had to give some gift to the king.

authority, application, procedure and powers of authority VI. Provisions relating to conveyances carrying imported or exported goods Sections 29 to 43 Arrival or departure of goods, delivery …

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