Customs valuation adjustments reduce statutory percentage margins for determining transaction value of imported goods under valuation rules. Amendment to the Customs Valuation rules reduces the percentage thresholds in the provisos to the valuation rule, altering the comparative adjustment margins applied when determining the transaction value of imported goods; the changes are effected by the Customs Valuation (Determination of Price of Imported Goods) Amendment Rules, 1988, and commence on 16th August 1988.
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Customs valuation adjustments reduce statutory percentage margins for determining transaction value of imported goods under valuation rules.
Amendment to the Customs Valuation rules reduces the percentage thresholds in the provisos to the valuation rule, altering the comparative adjustment margins applied when determining the transaction value of imported goods; the changes are effected by the Customs Valuation (Determination of Price of Imported Goods) Amendment Rules, 1988, and commence on 16th August 1988.
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