https://www.taxtmi.com/article/detailed?id=5602 Customs valuation of imports involving related parties requires that the transaction value be the price actually paid or payable and that buyer and seller are not related, or if related, that the relationship has not influenced the price. Where the proper officer has reasonable doubt about truth or accuracy, Rule 12 mandates enquiry, opportunity to be heard and, if doubts persist, rejection of transaction value followed by sequential application of Rules 4-9. Alternative methods include comparison with identical or similar goods, deductive value, computed value and a residual method, with specified additions under Rule 10. en-us Sat, 03 May 2014 09:24:56 +0530 Sat, 03 May 2014 09:24:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=5602 Customs valuation of imports involving related parties requires that the transaction value be the price actually paid or payable and that buyer and seller are not related, or if related, that the relationship has not influenced the price. Where the proper officer has reasonable doubt about truth or accuracy, Rule 12 mandates enquiry, opportunity to be heard and, if doubts persist, rejection of transaction value followed by sequential application of Rules 4-9. Alternative methods include comparison with identical or similar goods, deductive value, computed value and a residual method, with specified additions under Rule 10. Articles Customs - Import - Export - SEZ Sat, 03 May 2014 09:24:56 +0530 https://www.taxtmi.com/article/detailed?id=5602