Freight charges in shipping bill
Querist : Anonymous
if the shipment terms is C & F, but at the time of filing the shipping bill we do not have the freight charges, is there any way that we can calculate the freight amount on the basis of invoice value? if so how much percent we should consider?
Please help.
Thanks.
1.IF YOU ARE EXPORTING THE GOODS ON C&F BASIS, THEN LOGICALLY YOUR UNIT PRICE OF GOODS SHOULD INCLUDE THE FREIGHT CHARGES ALSO. THERE IS NO NEED TO SHOW THE FREIGHT SEPERATLEY IN SHIPPING BILL.
EVEN IF YOU WANT TO SHOW THE FREIGHT CHARGES SEPERATELY , YOU CAN MENTION THE ACTUAL FREIGHT CHARGES. CUSTOMS VALUATION RULE FOR EXPORTS DO NOT MENTION ANY FORMULA FOR FREIGHT CALCUALTION. UNLIKE IN IMPORTS WHERE THE CRITERIA IS 20% OF FOB VALUE
Querist : Anonymous
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