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    <title>Valuation of Imported Goods – New Provisions Came into effect from 10-10-2007</title>
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    <description>Finance Act, 2007 revised the statutory basis for valuing imported goods by substituting the prior provision of Section 14 and introducing the Customs Valuation (Determination of Value of Imported Goods) Rules, 2007, effective 10 October 2007; administrative guidance via a departmental circular was issued to field formations and parallel valuation rules for export goods were notified to take effect on the same date.</description>
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