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Customs - Highlights / Catch Notes

Home Highlights January 2019 Year 2019 This

Valuation of imported goods - Since Section 14 of the Act ...

Case Laws     Customs

January 15, 2019

Valuation of imported goods - Since Section 14 of the Act mandates that the value of the goods is to be considered on the basis of the price actually paid or payable for the goods, when sold for export to India, the negotiated price offered by the overseas supplier should be considered as the transaction value.

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