https://www.taxtmi.com/notifications?id=6102 These Rules set a hierarchical customs valuation method with the transaction value (adjusted as provided) as primary, subject to conditions on restrictions, determinable sale conditions and related-party influence. Where transaction value is unacceptable or cannot be determined, the Rules require sequential application of transaction values of identical or similar goods, deductive value, computed value, and a residual method. Rule 10 prescribes specific additions to price (commissions, packing, buyer-supplied elements, royalties, proceeds of resale and other conditional payments) which must be objectively and quantifiably established; importers must declare value and provide documentation, and the proper officer may reject declared values after inquiry. en-us Thu, 13 Sep 2007 00:00:00 +0530 Fri, 20 Feb 2009 15:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=6102 These Rules set a hierarchical customs valuation method with the transaction value (adjusted as provided) as primary, subject to conditions on restrictions, determinable sale conditions and related-party influence. Where transaction value is unacceptable or cannot be determined, the Rules require sequential application of transaction values of identical or similar goods, deductive value, computed value, and a residual method. Rule 10 prescribes specific additions to price (commissions, packing, buyer-supplied elements, royalties, proceeds of resale and other conditional payments) which must be objectively and quantifiably established; importers must declare value and provide documentation, and the proper officer may reject declared values after inquiry. Notifications Customs Thu, 13 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/notifications?id=6102