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of <h1>Valuation when principal supplies goods through agent: use open market value or supplier's choice of 90% of recipient's resale price</h1> Where goods are supplied between a principal and an agent, the value shall be the open market value or, at the supplier's option when the goods are intended for onward supply by the recipient, ninety percent of the price at which the recipient supplies like goods to an unrelated customer. If value cannot be determined by those means, it must be computed by applying the next prescribed valuation rules in sequence. An illustrative example contrasts the market rate with ninety percent of the recipient's selling price.
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