Customs Valuation Rules: Declared Value Rejection Allowed Only u/r 4(2) Conditions; Otherwise, Accept Transaction Value.

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....Rejection of value - Only in special circumstances particularized in Rule 4(2) of the Customs Valuation Rules, 1988, valuation needs to be done under the Customs Valuation Rules. If these special circumstances are absent, it is mandatory for the Customs to accept the price actually paid or payable for the goods in the particular transaction - AT....