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of <h1>Rule 7: Determining Deductive Value of Imported Goods Based on Sales and Adjustments for Costs and Taxes</h1> Rule 7 of the Customs Valuation (Determination of Price of Imported Goods) Rules, 1988, outlines the method for determining the deductive value of imported goods. If imported goods or similar goods are sold in India at the time of the value declaration, the value is based on the unit price of the greatest aggregate quantity sold to unrelated buyers, with deductions for commissions, transport costs, and taxes. If sales occur after importation, the value is based on the earliest sale within 90 days. For goods processed post-importation, the value reflects the unit price post-processing, adjusted for added value and applicable deductions.
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