Customs Valuation (Determination of Value of Imported Goods) Rules, 2007

Notification No. 94/2007-Cus (NT) Dated 13/9/2007

G.S.R " ..(E) In exercise of the powers conferred by section 156 read with section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Customs Valuation (Determination of Price of Imported goods) Rules, 1988 except as respects things done or omitted to be done before such supersession, the Central Government hereby makes the following rules, namely: -

Rule 1 Short title, commencement and application
Rule 2 Definitions
Rule 3 Determination of the method of valuation
Rule 4 Transaction value of identical goods
Rule 5 Transaction value of similar goods
Rule 6 Determination of value where value can not be determined under rules 3, 4 and 5
Rule 7 Deductive value.
Rule 8 Computed value
Rule 9 Residual method
Rule 10 Cost and services
Rule 11 Declaration by the importer
Rule 12 Rejection of declared value
Rule 13 Interpretative notes