Export value declaration

[Guest]

Hi,

In export value declaration form, there are Rules from 3 to 8. Can anyone please help me with significance of these rules and as an fabric exporter which rule I should opt.

Thanks in advance!

[YAGAY andSUN]

In normal course, you may opt for Rule 3 which enumerates transaction value. Otherwise, in any other case you can choose 4 to 7 subject to dealing with related parties.

[Guest]

Thanks YAGAY AND SUN for a reply. Request you to please explain about the rules in simple terms. It'll be very helpful for me and many exporters.

AI Summary

Fabric Exporter Seeks Clarity on Rules 3-8 for Export Value Declaration; Rule 3 Recommended for Transaction Value An individual inquired about the significance of Rules 3 to 8 in the export value declaration form, seeking advice on which rule to apply as a fabric exporter. A respondent suggested opting for Rule 3, which pertains to transaction value, while Rules 4 to 7 could be considered when dealing with related parties. The inquirer thanked the respondent and requested a simpler explanation of the rules for better understanding, highlighting the need for clarity among exporters.