TMI BlogCustoms Valuation (Determination of Price of Imported Goods) Rules, 1988 — AmendmentsX X X X Extracts X X X X X X X X Extracts X X X X ..... rs 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 Price of Imported Goods) Amendment Rules, 2001. (2) They shall come into ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... umbered, the following clauses shall be inserted, namely:- "(a) the sale is in the ordinary course of trade under fully competitive conditions; (b) the sale does not involve any abnormal discount or reduction from the ordinary competitive price; (c) the sale does not involve special discounts limited to exclusive agents; (d) objective and quantifiable data exist with regard to th ..... X X X X Extracts X X X X X X X X Extracts X X X X
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