Customs Valuation (Determination of Value of Export Goods) Rules, 2007 › Customs Valuation (Determination of Value of Export Goods) Rules, 2007
Rule 5. Computed value method
Customs Valuation (Determination of Value of Export Goods) Rules, 2007
Official text
Rule 5. Computed value method. — If the value cannot be determined under rule 4, it shall be based on a computed value, which shall include the following:-
(a) cost of production, manufacture or processing of export goods;
(b) charges, if any, for the design or brand;
(c) an amount towards profit.
Judgments on Rule 5
- Isgec Heavy Engineering Ltd vs Commissioner, Customs (Export)-New… — CESTAT, 16 Oct 2025. The FOB/transaction value of exported goods cannot be modified by any customs officer; re-determination under the Valuation Rules only fixes the assessable value, and drawback payable as a percentage of FOB must be…
- Rajbir Singh vs Union Of India & Ors. — Delhi High Court, 8 Apr 2025. Where Rule 16 of the Duty Drawback Rules prescribes no period of limitation, the general three-year limitation cannot be presumed to apply by default, especially where there are strong suspicions of fraudulent availment…