¹[32. Application and interpretation.- For the purposes of these rules:

(a) the basis for tariff classification shall be the HS; and

(b) any cost and value referred to in these rules shall be recorded and maintained in accordance with the generally accepted accounting principles applicable in the territory of the Party in which the product is produced.]

Notes:

1. Inserted by the Notification No. 39/2022-Customs (N.T.) dated 30.04.2022.