Customs valuation: new rules establish a framework for determining the value of export goods and specify commencement and application. The Central Government, under statutory powers conferred by the Customs Act, 1962, has made the Customs Valuation (Determination of Value of Export Goods) Rules, 2007, which are given a short title, a specified commencement, and an explicit application to export goods, thereby establishing a valuation framework for goods exported under delegated legislative authority.
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Customs valuation: new rules establish a framework for determining the value of export goods and specify commencement and application.
The Central Government, under statutory powers conferred by the Customs Act, 1962, has made the Customs Valuation (Determination of Value of Export Goods) Rules, 2007, which are given a short title, a specified commencement, and an explicit application to export goods, thereby establishing a valuation framework for goods exported under delegated legislative authority.
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