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<h1>Rule 4 of Customs Valuation Rules: Use identical goods' value for imports, adjust for quantity and transport differences.</h1> The Customs Valuation (Determination of Price of Imported Goods) Rules, 2007, Rule 4, specifies that the transaction value of imported goods should be based on the value of identical goods sold for export to India at the same time, excluding provisionally assessed values. If identical goods are sold at a different commercial level or quantity, adjustments must be made with demonstrated evidence. Costs and charges differing due to transport must also be adjusted. When multiple transaction values exist, the lowest value is used to determine the imported goods' value.