https://www.taxtmi.com/forum/issue?id=106604 Customs duty should be computed on the invoiced value net of the exporter's discount, so the discounted invoice forms the basis of assessment; refer to Rule 3 of the Customs Valuation (Determination of Price of imported Goods) Rules, 2007 for valuation treatment of such discounts and effect on transaction value for duty assessment. en-us Mon, 10 Mar 2014 23:44:04 +0530 Thu, 23 Jan 2025 15:57:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=106604 Customs duty should be computed on the invoiced value net of the exporter's discount, so the discounted invoice forms the basis of assessment; refer to Rule 3 of the Customs Valuation (Determination of Price of imported Goods) Rules, 2007 for valuation treatment of such discounts and effect on transaction value for duty assessment. Discussion-Forum Customs Mon, 10 Mar 2014 23:44:04 +0530 https://www.taxtmi.com/forum/issue?id=106604