1. The customs inspector reports to the customs group supervisor that there is suspicion of under-valuation in an imported consignment.
2. The customs group supervisor reviews the invoices and examines the consignment to verify the customs inspector's remark that there is under-valuation.
3. The customs group supervisor refers the transaction to the valuation section at the port.
4. The port valuation section reviews the invoices and consults the pricing database.
5. The port valuation section submits the transaction to the valuation committee at the port.
6. The port valuation committee scrutinizes the transaction and the invoices, examines the samples of the consignment, and assesses a reasonable price for it.
7. If the owner of the consignment agrees to the price assessed by the port, the procedures will be completed and a report will be prepared by the valuation committee.
8. If the owner of the goods rejects the price assessed by the port, the valuation committee will prepare a report and the transaction will be sent to the Valuation Department at the Saudi Customs Headquarters.
|