customs valuation of free of charge import from related party as per GATT valuation rules

[ketan bhinde]

We have done search on this subject,but unable to find answer.We looking for customs rules or notifications or circulars  and  case laws  also or any other valid documents regarding the rules for valuation of imported goods supplied free of charge by the related party suppliers.

AI Summary

Customs Valuation for Free Imports from Related Parties: Use Computed Value Method per GATT Rules A discussion on customs valuation for goods imported free of charge from a related party, as per GATT valuation rules, was initiated. The query sought guidance on customs rules, notifications, circulars, and case laws relevant to such transactions. One response indicated that goods imported from related parties should be valued using the computed value method under customs valuation rules. The original inquirer requested a quicker response for further clarification.