[amp_mcq option1=”When the buyer and seller are not related and price is not the sole consideration” option2=”When the buyer and seller are related or price is not the sole consideration” option3=”It can never be rejected” option4=”When the goods are sold at very low margins” correct=”option2″]<\/p>\n
The correct answer is: B. When the buyer and seller are related or price is not the sole consideration<\/strong><\/p>\n The transaction value is the price actually paid or payable for the goods when sold for export to the country of importation, and includes all payments made as a condition of the sale, whether direct or indirect, made by the buyer to the seller or by a third party to the seller, for the imported goods.<\/p>\n However, the transaction value may be rejected if:<\/p>\n If the transaction value is rejected, the value of the goods shall be determined under the next succeeding method in Article 7.<\/p>\n Option A is incorrect because the transaction value can be rejected even if the buyer and seller are not related.<\/p>\n Option C is incorrect because the transaction value can be rejected in certain circumstances.<\/p>\n Option D is incorrect because the transaction value is not necessarily rejected when the goods are sold at very low margins.<\/p>\n","protected":false},"excerpt":{"rendered":" [amp_mcq option1=”When the buyer and seller are not related and price is not the sole consideration” option2=”When the buyer and seller are related or price is not the sole consideration” option3=”It can never be rejected” option4=”When the goods are sold at very low margins” correct=”option2″]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[969],"tags":[],"class_list":["post-53784","post","type-post","status-publish","format-standard","hentry","category-gst","no-featured-image-padding"],"yoast_head":"\n\n