https://www.taxtmi.com/acts?id=7088 Transaction value of identical goods is used to determine the value of imported goods where identical goods were sold for export to India and imported at or about the same time as the goods being valued. Preference is given to identical goods sold at the same commercial level and in substantially the same quantity. Where necessary, adjustments may be made for differences in commercial level, quantity, or transport-related costs and charges, supported by evidence. If more than one transaction value is found, the lowest value is used. en-us Sat, 19 Jan 2008 22:45:54 +0530 Wed, 08 Jul 2026 14:10:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7088 Transaction value of identical goods is used to determine the value of imported goods where identical goods were sold for export to India and imported at or about the same time as the goods being valued. Preference is given to identical goods sold at the same commercial level and in substantially the same quantity. Where necessary, adjustments may be made for differences in commercial level, quantity, or transport-related costs and charges, supported by evidence. If more than one transaction value is found, the lowest value is used. Act-Rules Customs Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7088