The document provides a history of customs valuation in India and discusses key concepts and changes introduced by the Customs Valuation (Determination of Price of Imported Goods) Rules, 2007. It notes that transaction value based on the actual price paid or payable is now the primary basis for valuation, addressing issues like related party transactions. It also summarizes important rules regarding acceptance or rejection of transaction value and determining value through alternative methods.

1. PRESENTATION ON Concept of Transaction Value, and Custom Valuation Rules 2007. Exclusion/Inclusion in Custom Value.

18. PROCEDURE FOR ‘RELATED’ IMPORTERS DECLARATION FILES B/E IMPORTER NOT RELATED BE ASSESSED RELATED B/E ASSESSED SVB CIRCULAR RD 1% APPG. GROUP

19. REGISTRATION / FINALISATION IN SVB AO VISIT QUESTIONER SVB REGISTRATION PH BY DC SVB O-IN-O B/E ASSESSED

21. CHECK ON TRANSACTION BETWEEN IMPTR and SUPLLR. PROCEEDS CONDITIONS RESTRICTIONS TV OF UNRELATED BUYERS IF NOT RELATIONSHIP DID NOT INFLUENCE TV ACCEPT

23. REJECTION OF TRANSACTION VALUE R-6 SIMILAR GOODS R-5 IDENTICAL GOODS REJECT TV R-7 DEDUCTIVE METHOD R-7a COMPUTED VALUE R-8 RESIDUAL METHOD