Customs valuation by similar goods transaction value applies to imported goods sold for export to India under comparable conditions. Imported goods are to be valued by the transaction value of similar goods sold for export to India and imported at or about the same time, subject to the ... Summary
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Customs valuation by similar goods transaction value applies to imported goods sold for export to India under comparable conditions.
Imported goods are to be valued by the transaction value of similar goods sold for export to India and imported at or about the same time, subject to the general valuation rule. The provision excludes goods provisionally assessed under the customs law and applies, with necessary modifications, the comparable-sale and adjustment conditions governing similar goods valuation.
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