Customs Tariff (Determination of Origin of Goods Under the Preferential Trade Agreement Between the Governments of the Republic of India and Malaysia) Rules, 2011 (From Rule 1 to Annexure-IV)
Customs Tariff (Determination of Origin of Goods Under the Preferential Trade Agreement Between the Governments of the Republic of India and Malaysia) Rules, 2011
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
FOB value calculation requires ex-factory price plus specified export-related other costs for origin determination. FOB value is calculated as ex-factory price plus other costs. Ex-factory price equals production cost plus profit, where production cost comprises cost of raw materials (including freight and insurance), labour cost (wages, remuneration and related employee benefits) and overhead costs (a non-exhaustive list of property, plant, insurance, utilities, R&D, tooling, royalties, inspection, storage, waste disposal and import-related cost elements). Other costs include expenses to place goods on the export ship such as domestic transport, storage, port handling, brokerage and service charges.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
FOB value calculation requires ex-factory price plus specified export-related other costs for origin determination.
FOB value is calculated as ex-factory price plus other costs. Ex-factory price equals production cost plus profit, where production cost comprises cost of raw materials (including freight and insurance), labour cost (wages, remuneration and related employee benefits) and overhead costs (a non-exhaustive list of property, plant, insurance, utilities, R&D, tooling, royalties, inspection, storage, waste disposal and import-related cost elements). Other costs include expenses to place goods on the export ship such as domestic transport, storage, port handling, brokerage and service charges.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.