TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Manuals
of of All Manuals
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Guidelines for Valuing Imported and Exported Goods Under Customs Act Section 14 and Customs Valuation Rules 2007</h1> The Customs Manual outlines the procedures for valuing imported and exported goods under the Customs Act, 1962. Customs duties can be specific, ad valorem, or a combination. Section 14 establishes guidelines for ad valorem valuation to ensure consistency. Tariff values are set for certain goods, and the transaction value is the basis for valuation, including costs like commissions and transportation. The Customs Valuation Rules, 2007, detail methods for determining value, including transaction, comparative, deductive, computed, and fallback methods. Related party transactions are scrutinized by Special Valuation Branches. Export goods valuation follows similar principles, with rights of appeal provided for disputed valuations.
TaxTMI 
TaxTMI 
