https://www.taxtmi.com/article/detailed?id=15596 Determination of assessable value under the Customs Act relies primarily on the transaction value declared by an arm's length importer, with statutory inclusion of specified costs (packing, commissions, royalties, transport to India) and allowable documented discounts; where transaction value cannot be relied upon, valuation must follow the prescribed hierarchy-identical goods, similar goods, deductive value, computed value, and a WTO consistent fallback-each requiring credible documentary evidence and commercial reality evaluation. en-us Sat, 13 Dec 2025 08:30:28 +0530 Sat, 13 Dec 2025 08:30:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=15596 Determination of assessable value under the Customs Act relies primarily on the transaction value declared by an arm's length importer, with statutory inclusion of specified costs (packing, commissions, royalties, transport to India) and allowable documented discounts; where transaction value cannot be relied upon, valuation must follow the prescribed hierarchy-identical goods, similar goods, deductive value, computed value, and a WTO consistent fallback-each requiring credible documentary evidence and commercial reality evaluation. Articles Customs - Import - Export - SEZ Sat, 13 Dec 2025 08:30:28 +0530 https://www.taxtmi.com/article/detailed?id=15596