Customs Act, 1962 — Chapter V: Levy of, and Exemption from, Customs Duties
15. Date for determination of rate of duty and tariff valuation of imported goods
(1) The rate of duty and tariff valuation applicable to imported goods shall be the rate and valuation in force: (a) for goods entered for home consumption under section 46, on the date the bill of entry is presented; (b) for goods cleared from a warehouse under section 68, on the date the bill of entry for home consumption is presented; (c) for any other goods, on the date of payment of duty. Proviso: if a bill of entry is presented before the date of entry inwards of the vessel or arrival of the aircraft or vehicle, it is deemed presented on the date of such entry inwards or arrival.
(2) This section does not apply to baggage and goods imported by post.
