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of <h1>Valuation of Imported Goods: Rule 7A Details Cost, Profit, and Expenses for Customs Price Calculation.</h1> The computed value of imported goods, as per Rule 7A of the Customs Valuation (Determination of Price of Imported Goods) Rules, 1988, is determined by summing the cost or value of materials and fabrication or processing used in production, an amount for profit and general expenses typical in sales of similar goods by producers in the export country to India, and the cost or value of other expenses specified under sub-rule (2) of rule 9. This valuation is subject to the provisions of rule 3.
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