Valuation of imported/export goods in general

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..... the value of the imported goods and export goods shall be "the transaction value of such goods, that is to say, the price actually paid or payable for the goods when sold for export to India for 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 p .....

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..... (ii) the manner of determination of value in respect of goods when there is no sale, or the buyer and the seller are related, or price is not the sole consideration for the sale or in any other case; and (iii) The manner of acceptance or rejection of value declared by the importer or exporter, as the case may be, where the proper officer has reason to doubt the truth or accuracy of such value, a .....

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..... e goods. Thus, the value (transaction value) shall be the price actually paid or payable for the goods under consideration. (ii) The reference to price of the goods ordinarily sold or offered for sale. (iii) The price of the goods when sold for export to India is to be considered and not the price in the course of international trade. 3.5 As provided in Section 14(1), the Custom Valuation (De .....

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