Method of computation of transaction value of export of goods shall be as per Custom Valuation Rules

In re Shiv Shakti Minechem (CAAR Mumbai)

CAAR ruled that valuation of the subject goods namely ‘Laterite’ shall be done in accordance with the provisions of Customs Valuation (Determination of value of export goods) Rules, 2007 read with Customs Act, 1962. Accordingly, in respect of the rulings sought by the applicant on the points as mentioned in their CAAR-I application, I render the rulings as under: –

(i) the export duty shall be levied on transaction value arrived in accordan

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