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Central Government has notified following customs valuation Rules for Import of goods and Export of Goods.
- Customs Valuation (Determination of Price of imported Goods) Rules, 2007Vide Notification no. - 94/2007 Cus (NT) dated 13.09.2007
- Customs Valuation (Determination of Value of Export Goods) Rules, 2007 Vide Notification no. - 95/2007 Cus (NT) dated 13.09.2007
These rules shall came into force as on 10.10.2007
Customs valuation rules for import and export notified, establishing valuation frameworks and coming into force shortly. Notification of new customs valuation rules establishes separate rule-sets for determining the price of imported goods and the value of export goods, both notified by the Central Government and brought into force on the stated commencement date for customs valuation purposes.
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