TMI BlogDefinitionsX X X X Extracts X X X X X X X X Extracts X X X X ..... e means the value determined in accordance with rule 7. (c) goods of the same class or kind , means imported goods that are within a group or range of imported goods produced by a particular industry or industrial sector and includes identical goods or similar goods; (d) identical goods means imported goods - (i) which are same in all respects, including phys ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tation means the customs station, where the goods are brought for being cleared for home consumption or for being removed for deposit in a warehouse;] (e) produced includes grown, manufactured and mined (f) similar goods means imported goods - (i) which although not alike in all respects, have like characteristics and like compon ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... the production and sale for export of these imported goods; (g) transaction value means the value referred to in sub-section (1) of section 14 of the Customs Act, 1962; (2) For the purpose of these rules, persons shall be deemed to be related only if - (i) they are officers or directors of one another's businesses; ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... so includes legal persons. Explanation II. - Persons who are associated in the business of one another in that one is the sole agent or sole distributor or sole concessionaire, howsoever described, of the other shall be deemed to be related for the purpose of these rules, if they fall within the criteria of this sub-rule. ****************** Notes: 1. Inserted vide notificatio ..... X X X X Extracts X X X X X X X X Extracts X X X X
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