https://www.taxtmi.com/article/detailed?id=14484 Customs valuation determines import duty liability through a hierarchical system of methods, led by the Transaction Value Method which accepts the price actually paid or payable for goods sold for export to the importing country, including specified additions like freight and insurance and excluding post importation costs. If transaction value cannot be used, valuation proceeds to identical or similar goods with adjustments, then to deductive, computed and fall back methods, each requiring specified adjustments and documentary verification by customs authorities. en-us Sat, 24 May 2025 09:01:56 +0530 Sat, 24 May 2025 09:01:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=14484 Customs valuation determines import duty liability through a hierarchical system of methods, led by the Transaction Value Method which accepts the price actually paid or payable for goods sold for export to the importing country, including specified additions like freight and insurance and excluding post importation costs. If transaction value cannot be used, valuation proceeds to identical or similar goods with adjustments, then to deductive, computed and fall back methods, each requiring specified adjustments and documentary verification by customs authorities. Articles Customs - Import - Export - SEZ Sat, 24 May 2025 09:01:56 +0530 https://www.taxtmi.com/article/detailed?id=14484