Valuation of imported/export goods in general - CBEC's Customs Manual 2023 - Customs

..... or delivery at the time and place of importation, or as the case may be, for export from India for delivery at the time and place of exportation, where the buyer and seller of the goods are not related and price is the sole consideration for the sale subject to such other conditions as may be specified in the rules made in this behalf”. It is also provided that in the case of imported goods such transaction value shall include “in addition...any amount paid or payable for costs and s .....

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Valuation of imported/export goods in general - CBEC s Customs Manual 2023 - Customs

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..... payable shall be calculated with reference to the rate of exchange as in force on the date on which a Bill of Entry is presented under Section 46, or a Shipping Bill or Bill of Export, as the case may be, is presented under Section 50 of the Customs Act, 1962. 3.4 When compared to the earlier provisions Section 14(1), the present provisions have discarded the concept of “demand value” and adopted the concept of “transaction value”. Also, the present Section 14 contains th .....

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Valuation of imported/export goods in general - CBEC s Customs Manual 2023 - Customs

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