TaxTMI 
TaxTMI 
Goods not wholly obtained or produced
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....when such goods satisfy the criteria under the Product Specific Rules provided in the Annexure-I to the rules; (b) when, except for goods covered under clause (a),- (i) the regional value content of the goods is not less than thirty five per cent. of the FOB value of the goods ascertained as under,- FOB value - Value of non-originating materials as per sub-rule (2) Regional Value Content = ....
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....ised System, the value of all non-originating materials used in its production, which do not undergo the required change in tariff classification, does not exceed ten per cent. of the FOB value of the good; (b) for goods falling within Chapter 50 to Chapter 63 of the Harmonised System, the total weight of non-originating basic textile materials used in its production, which do not undergo the re....
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.... or processing takes place, in accordance with the customs valuation agreement. Explanation 1:-For the purpose of calculation of value of the non-originating materials, the following expenses shall not be included, and if already included in such value, such expenses shall be deducted, namely:- (a) inland transportation costs incurred to transport the materials to the location of the producer; ....
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....ms valuation agreementfor the determination of the origin of a good,- (a) the principles of the customs valuation agreementshall apply to domestic transactions, with such modifications as may be required by the circumstances, as would apply to International transactions; (b) the provisions of these rules shall take precedence over the customs valuation agreementto the extent of any difference;....