Customs Valuation
This query is : Resolved
hamsa lekha
(Querist)
04 December 2008
Wheher Post import Expenses be included in Customs Valuation?
Is there any specific notficaton or case law regarding this issue.
Please let me know this.
Is there any specific notficaton or case law regarding this issue.
Please let me know this.
CA Manoj Kumar Jain
(Expert)
09 December 2008
Custom valution is done on CIF value, if goods is imported on FOB term then freight, insurance, loading and unloading charges to be included. For any reference you can go through Custome valuation Rule.
https://www.cbec.gov.in/customs/cs-manual/manual_6.htm
https://www.cbec.gov.in/customs/cs-manual/manual_6.htm
hamsa lekha
(Querist)
09 December 2008
Thank you manoj.
Landng charges @1% wll be added to the assessable value. Whether other Post import expenses like Demerrage chares, oher taxes in india shall be added to the assessable value?
Landng charges @1% wll be added to the assessable value. Whether other Post import expenses like Demerrage chares, oher taxes in india shall be added to the assessable value?
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