IDT Nov 2018 Old course

why don't u read rule 4 of custom valuation rules,import. I haven't found any questions
Yes...read it...u are right...5 marks gone
I also did incorrectly
it should be substantially of the same quantity not the near most
but there is one idt faculty give suggested answer considering 350 as identical value.
I also did with 350.
see this 10 min video for solution of 1st question.
https://youtu.be/oUM4PjuQerc
wrong concept given.
similar Q was asked in RTP Nov 2011.
no transaction value, then apply rule4 , I.e. lowest of transctb value.

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