https://www.taxtmi.com/circulars?id=8106 The Board clarifies that under Section 14 the transaction value is the price when goods are sold for export to India for delivery at importation, and a sale effected after warehousing in India is not a sale for export or in the course of international trade and therefore does not qualify as the transaction value; accordingly original value determined at filing of the into bond Bill of Entry need not be redetermined and pending assessments should be finalized in line with this view. en-us Thu, 03 Jun 2010 00:00:00 +0530 Fri, 04 Jun 2010 13:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8106 The Board clarifies that under Section 14 the transaction value is the price when goods are sold for export to India for delivery at importation, and a sale effected after warehousing in India is not a sale for export or in the course of international trade and therefore does not qualify as the transaction value; accordingly original value determined at filing of the into bond Bill of Entry need not be redetermined and pending assessments should be finalized in line with this view. Circulars Customs Thu, 03 Jun 2010 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8106