https://www.taxtmi.com/article/detailed?id=15595 Customs valuation treats Transaction Value as the primary basis for duty, requiring addition of specified costs like commissions, packing, transport, insurance and royalties related to imported goods; authorities may verify declarations through assessment and post clearance audits and must produce cogent documentary evidence before rejecting declared values, while advance rulings and documented bona fide discounts are recognised means to ensure predictability and compliance. en-us Sat, 13 Dec 2025 08:30:26 +0530 Sat, 13 Dec 2025 08:30:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15595 Customs valuation treats Transaction Value as the primary basis for duty, requiring addition of specified costs like commissions, packing, transport, insurance and royalties related to imported goods; authorities may verify declarations through assessment and post clearance audits and must produce cogent documentary evidence before rejecting declared values, while advance rulings and documented bona fide discounts are recognised means to ensure predictability and compliance. Articles Customs - Import - Export - SEZ Sat, 13 Dec 2025 08:30:26 +0530 https://www.taxtmi.com/article/detailed?id=15595