https://www.taxtmi.com/notifications?id=1831 The amendment substitutes rule 3 to make transaction value the primary basis for valuing imported goods, subject to rules 9 and 10A, and requires sequential application of rules 5-8 if transaction value cannot be determined. It also inserts four conditions into the proviso to sub rule (2) of rule 4: sale in the ordinary course under competitive conditions; absence of abnormal discounts; absence of special discounts limited to exclusive agents; and existence of objective, quantifiable data for adjustments under rule 9. en-us Fri, 07 Sep 2001 00:00:00 +0530 Sun, 20 Jan 2008 19:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=1831 The amendment substitutes rule 3 to make transaction value the primary basis for valuing imported goods, subject to rules 9 and 10A, and requires sequential application of rules 5-8 if transaction value cannot be determined. It also inserts four conditions into the proviso to sub rule (2) of rule 4: sale in the ordinary course under competitive conditions; absence of abnormal discounts; absence of special discounts limited to exclusive agents; and existence of objective, quantifiable data for adjustments under rule 9. Notifications Customs Fri, 07 Sep 2001 00:00:00 +0530 https://www.taxtmi.com/notifications?id=1831