https://www.taxtmi.com/circulars?id=1230 Exporters must declare the actual freight paid or payable on the shipping bill or at presentation; if actual freight cannot be ascertained, a provisional declaration based on the published freight schedule is permitted, but exporters must review shipments and promptly repay any excess drawback or incentives obtained due to understatement. Misdeclaration causing revenue loss will be processed under the Customs Act, and customs will undertake verification and take action against noncompliance; supplementary claims are barred where actual freight is less than declared. en-us Mon, 15 May 2000 00:00:00 +0530 Tue, 22 Jul 2025 14:39:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=1230 Exporters must declare the actual freight paid or payable on the shipping bill or at presentation; if actual freight cannot be ascertained, a provisional declaration based on the published freight schedule is permitted, but exporters must review shipments and promptly repay any excess drawback or incentives obtained due to understatement. Misdeclaration causing revenue loss will be processed under the Customs Act, and customs will undertake verification and take action against noncompliance; supplementary claims are barred where actual freight is less than declared. Circulars Customs Mon, 15 May 2000 00:00:00 +0530 https://www.taxtmi.com/circulars?id=1230