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of <h1>Rule 7: Deductive Value of Imported Goods Based on Largest Sale Price to Unrelated Buyers in India</h1> Under Rule 7 of the Customs Valuation (Determination of Price of Imported Goods) Rules, 2007, the deductive value of imported goods is determined based on the unit price at which the goods or similar goods are sold in India in the greatest quantity to unrelated buyers. Deductions include commissions, profits, general expenses, transport, insurance costs, customs duties, and taxes. If the goods are not sold at importation time, the value is based on sales within 90 days post-importation. If goods are sold after processing, the value is adjusted for added value and relevant deductions.
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