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of <h1>New Customs Valuation Rules: Importers Must Declare Accurate Value and Submit Invoices for Third-Party Imports by Oct 31, 1990.</h1> The Customs Valuation (Determination of Price of Imported Goods) Amendment Rules, 1990, issued under the Customs Act, 1962, amends the 1988 rules and will take effect on October 31, 1990. The amendment modifies Rule 10, requiring importers or their agents to provide a declaration with complete and accurate details of the value of imported goods. Additionally, they must submit the manufacturer's or producer's invoice if the goods are imported through a third party, along with any other necessary documents or information as required by the proper officer for determining the value of the goods.
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