The Central Board of Indirect Taxes & Customs (CBIC), Ministry of Finance, Government of India, has issued CAVR Review Order No. 02/2025-Customs dated November 26, 2025, extending the validity of CAVR Order No. 02/2023-Customs pertaining to the valuation of Stainless Steel of J3 grade under the Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023.
This extension applies to imports of J3 grade stainless steel falling under the following HS Codes:
72191200, 72191300, 72191400, 72192390, 72193290, 72193390, 72193490, 72193590, 72199012, 72199013, 72199090, 72202029, 72202090, 72209022, 72209029 & 72209090.
Invoking the powers under Section 14(1) of the Customs Act, 1962, read with Rule 10(2) and Rule 5 of the Customs (Assistance in Value Declaration of Identified Imported Goods) Rules, 2023, CBIC has extended the validity of the order for a further period of one year.
Accordingly, the renewed validity period will be from 29 November 2025 to 28 November 2026.
The decision aims to ensure continued transparency and consistency in value declaration for imports of the specified stainless-steel grade.
The Order can be accessed at: https://taxinformation.cbic.gov.in/view-pdf/1000359/ENG/Orders
