Transaction value governs export goods valuation, with related-party sales accepted unless the relationship affects price. Export goods are to be valued on the basis of transaction value, subject to rule 8. The transaction value is accepted even where the buyer and seller are ... Summary
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Transaction value governs export goods valuation, with related-party sales accepted unless the relationship affects price.
Export goods are to be valued on the basis of transaction value, subject to rule 8. The transaction value is accepted even where the buyer and seller are related, provided the relationship has not influenced the price. If value cannot be determined on that basis, valuation proceeds sequentially through rules 4 to 6.
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