https://www.taxtmi.com/notifications?id=3636 These Rules set a hierarchical valuation framework prioritising the transaction value - the price actually paid or payable for goods sold for export to India, subject to acceptability conditions and prescribed adjustments. If unacceptable, valuation proceeds sequentially through transaction value of identical goods, transaction value of similar goods, deductive value based on resale prices in India with specified deductions and allowances, and a residual method using reasonable, objective data. Rule 9 mandates specific additions to the price (commissions, packing, buyer-supplied elements, royalties, transport and insurance) when not included, with apportionment and adjustments made on the basis of objective and quantifiable evidence. en-us Mon, 18 Jul 1988 00:00:00 +0530 Fri, 31 Jul 2009 11:22:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=3636 These Rules set a hierarchical valuation framework prioritising the transaction value - the price actually paid or payable for goods sold for export to India, subject to acceptability conditions and prescribed adjustments. If unacceptable, valuation proceeds sequentially through transaction value of identical goods, transaction value of similar goods, deductive value based on resale prices in India with specified deductions and allowances, and a residual method using reasonable, objective data. Rule 9 mandates specific additions to the price (commissions, packing, buyer-supplied elements, royalties, transport and insurance) when not included, with apportionment and adjustments made on the basis of objective and quantifiable evidence. Notifications Customs Mon, 18 Jul 1988 00:00:00 +0530 https://www.taxtmi.com/notifications?id=3636