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Freight charges under Rule 10(2)

This query is : Resolved 

03 October 2010 While calculating cost of transport freight charges by air is only limited to 20%of FOB value if it is ascertainable. In other cases ie by sea or land if it is ascertainable it is the actual amount incurred be taken into account. Not ascertainable 20% of FOB value. Am i correct???

Also in case of commission paid to a broker dealing in purchase of imported goods abroad shall we add it to the FOB value for calculation of CIF value?? What is the method of calculation? Please tell me. urgent

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Guest (Expert)
12 October 2010 Not ascertainable 20% of FOB value: not always, this rule will not apply in case of coal and other bulky shipment and customs will insist on actual freight paid.

Commission paid to broker as "Buying agent" is not includible.

15 October 2010 thank you sir


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