Customs Valuation (Determination of Value of Export Goods) Rules, 2007 › Customs Valuation (Determination of Value of Export Goods) Rules, 2007
Rule 6. Residual method
Customs Valuation (Determination of Value of Export Goods) Rules, 2007
Official text
Rule 6. Residual method. —
(1) Subject to the provisions of rule 3, where the value of the export goods cannot be determined under the provisions of rules 4 and 5, the value shall be determined using reasonable means consistent with the principles and general provisions of these rules provided that local market price of the export goods may not be the only basis for determining the value of export goods
Judgments on Rule 6
- 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…
- Standard Cartons Pvt Ltd vs Commissioner Of Customs Export Icd… — CESTAT, 2 Apr 2026. An exporter who declares the transaction value reflected in its export documents cannot have its goods confiscated under section 113(i) or be penalized under sections 114(iii) and 114AA merely because the proper officer…
- Commissioner Of Customs Export vs Ravindra Kumar — Delhi High Court, 18 Sep 2025. Where a penalty under Section 114 has already been imposed and upheld, the Court may, having regard to the limited role of the person, treat it as sufficient and decline to impose the further Section 114AA penalty,…