https://www.taxtmi.com/manuals?id=778 Transaction value is the primary basis for Customs valuation under Section 14 and the Customs Valuation Rules, 2007: the price actually paid or payable is to be adjusted by specified valuation factors (additions such as commissions, packing, royalties, transport and insurance; and allowable deductions) and accepted only if valuation conditions and documentary verification are satisfied. If the transaction value cannot be accepted or is doubtful, valuation follows a hierarchical sequence of methods-identical goods, similar goods, deductive, computed, and fallback methods-and the declared value may be rejected under Rule 12. en-us Mon, 17 Feb 2014 12:04:00 +0530 Mon, 17 Feb 2014 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=778 Transaction value is the primary basis for Customs valuation under Section 14 and the Customs Valuation Rules, 2007: the price actually paid or payable is to be adjusted by specified valuation factors (additions such as commissions, packing, royalties, transport and insurance; and allowable deductions) and accepted only if valuation conditions and documentary verification are satisfied. If the transaction value cannot be accepted or is doubtful, valuation follows a hierarchical sequence of methods-identical goods, similar goods, deductive, computed, and fallback methods-and the declared value may be rejected under Rule 12. Manuals Customs Mon, 17 Feb 2014 12:04:00 +0530 https://www.taxtmi.com/manuals?id=778