https://www.taxtmi.com/notifications?id=17885 Amendments add a defined computed value method (rule 7A) to customs valuation, defining it as the sum of production cost, an amount for profit and general expenses consistent with export sales of the same class or kind from the exporting country, and other expenses under rule 9(2). A new rule 6A fixes the order of application between deductive and computed values, permitting reversal at importer request with proper officer approval. Schedule notes require producer-supplied cost data consistent with accepted accounting principles and limit use chiefly to related-party situations where verification is possible. en-us Mon, 24 Apr 1995 00:00:00 +0530 Tue, 28 Jul 2009 13:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=17885 Amendments add a defined computed value method (rule 7A) to customs valuation, defining it as the sum of production cost, an amount for profit and general expenses consistent with export sales of the same class or kind from the exporting country, and other expenses under rule 9(2). A new rule 6A fixes the order of application between deductive and computed values, permitting reversal at importer request with proper officer approval. Schedule notes require producer-supplied cost data consistent with accepted accounting principles and limit use chiefly to related-party situations where verification is possible. Notifications Customs Mon, 24 Apr 1995 00:00:00 +0530 https://www.taxtmi.com/notifications?id=17885