TaxTMI Login
Just a moment...
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All Circulars
of of All Circulars
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>New Circular: Freight Computation for Time-Chartered Vessels Using World Scale Norms and AFRA Rates for Petroleum Imports.</h1> The circular addresses the computation of freight for time-chartered vessels used in transporting petroleum products to Indian ports and its inclusion in the assessed value as an extended cost of transportation. It outlines decisions from the Chief Commissioners of Customs Conference and a Board meeting, emphasizing the use of World Scale Norms and AFRA rates for calculating freight costs. The circular mandates finalizing pending assessments based on these methods, requiring importers to provide necessary data. It also allows for the involvement of Cost Accountants in complex cases and directs shipping companies to establish rates where World Scale rates are unavailable.
TaxTMI 
TaxTMI 
