Is an act of fraudulently, falsifying or erroneously declaring imported goods entering a country
Three types of technical smuggling?
“MISDECLARATION”
WHEN THE DISCREPANCY PERTAINS QUANTITY, QUALITY, DESCRIPTION, WEIGHT, OR MEASUREMENT OF THE IMPORTED GOODS.
“MISCLASSIFICATION”
ON OTHER HAND, EXISTS WHEN INSUFFICIENT OR WRONG DESCRIPTION OF THE GOODS OR USE OF WRONG DESCRIPTION OF THE GOODS OR USE OF WRONG TARIFF HEADING WAS DECLARED RESULTING IN DISCREPANCY.
“UNDERVALUATION”
IT IS PRESENT WHEN:- THE DECLARED FAILS TO DISCLOSE IN FULL THE PRICE ACTUALLY
PAID OR PAYABLE OR ANY DUTIABLE ADJUSTMENT TO THE PRICE; OR WHEN AN INCORRECT VALUATION METHOD IS USED; OR THE VALUATION RULES ARE NOT PROPERLY OBSERVED.
