Customs Valuation (Determination of Price of Imported Goods) Rules, 1988 — Amendments

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....bsp;       In exercise of powers conferred by section 156 of the Customs Act, 1962 (52 of 1962), the Central Government hereby makes the following rules further to amend the Customs Valuation (Determination of Price of Imported Goods) Rules, 1988, namely:- 1.        (1) These rules may be called the Customs Valuation (Determination of ....

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....e determined by proceeding sequentially through rules 5 to 8 of these rules". (ii) in the proviso to sub-rule (2) of rule 4, clauses (a), (b), (c) and (d) shall be respectively renumbered as clauses (e), (f), (g) and (h) thereof and before clause (e) so re-numbered, the following clauses shall be inserted, namely:- "(a) the sale is in the ordinary course of trade under fully competitive cond....