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Contents Page Introduction 1 Types and Sources of Energy Statistics 2 Highlights 3 1. Overview 1.1 2. Value of retained imports of oil products and coal products 5 Oil Products 2.1 Quantity of retained
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Value of retained imports refers to the total value of imported goods that have been retained or held in storage by the importer and have not been released for sale or distribution.
Importers are required to file the value of retained imports with the relevant customs authorities.
The value of retained imports can be filled out by providing detailed information on the imported goods that have been retained, including their description, quantity, and value.
The purpose of reporting the value of retained imports is to ensure transparency and accuracy in the customs declaration process, as well as to monitor and track the movement of goods.
The information that must be reported on the value of retained imports includes the description of the goods, their quantity, value, country of origin, and any other relevant details.
The deadline to file the value of retained imports in 2023 is typically determined by the customs authorities and may vary depending on the country and import regulations.
The penalty for the late filing of the value of retained imports may include fines, additional duties, or other enforcement actions by the customs authorities.
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