Customs valuation rules amendment clarifies inclusion of costs up to place of importation and excludes certain destination loading charges. Amendments define place of importation as the customs station where goods are cleared for home consumption or removed to warehouse, and limit transaction value to costs incurred up to that place. Loading, unloading and handling charges at the destination are excluded from the CIF value; only charges incurred to deliver goods to the place of importation are includible. The rules also clarify computation of freight and insurance when only aggregate FOB-plus figures are known and exclude domestic trans shipment costs from transaction value across transport modes.
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Customs valuation rules amendment clarifies inclusion of costs up to place of importation and excludes certain destination loading charges.
Amendments define place of importation as the customs station where goods are cleared for home consumption or removed to warehouse, and limit transaction value to costs incurred up to that place. Loading, unloading and handling charges at the destination are excluded from the CIF value; only charges incurred to deliver goods to the place of importation are includible. The rules also clarify computation of freight and insurance when only aggregate FOB-plus figures are known and exclude domestic trans shipment costs from transaction value across transport modes.
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