commission
This query is : Resolved
21 September 2016
commission paid by exporter and importer to there agents. how to deal with this while finding assessable value.
advance thanking you
22 September 2016
Commission is inclusive of CIF value. Accordingly 2% of Landing charges are added to a CIF to arrive at asessable value for the purpose of calculation of import duties. While exporting commission is included in the FOB value.
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