https://www.taxtmi.com/article/detailed?id=16859 Customs valuation is a core regulatory mechanism in EXIM trade, determining assessable value for duty, incentives and compliance control under the Customs Act, 1962, the WTO Customs Valuation Agreement and customs processes. The valuation hierarchy begins with transaction value and, where necessary, extends to identical goods, similar goods, deductive, computed and residual methods. Valuation abuse takes the form of under-valuation in imports and over-valuation in exports, each carrying customs, compliance and foreign exchange consequences. en-us Wed, 08 Jul 2026 09:09:20 +0530 Wed, 08 Jul 2026 09:09:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=16859 Customs valuation is a core regulatory mechanism in EXIM trade, determining assessable value for duty, incentives and compliance control under the Customs Act, 1962, the WTO Customs Valuation Agreement and customs processes. The valuation hierarchy begins with transaction value and, where necessary, extends to identical goods, similar goods, deductive, computed and residual methods. Valuation abuse takes the form of under-valuation in imports and over-valuation in exports, each carrying customs, compliance and foreign exchange consequences. Articles Customs - Import - Export - SEZ Wed, 08 Jul 2026 09:09:20 +0530 https://www.taxtmi.com/article/detailed?id=16859