https://www.taxtmi.com/circulars?id=5396 A policy transition changes the method of computing export duty from treating declared FOB as a cum-duty assessable value to charging export duty as a percentage of the transaction FOB value actually paid or payable for delivery at export; where transactions are on CIF terms, FOB must be deduced from CIF and duty computed on that FOB, with interim continuation of prior practice through the transition period and an invitation to report implementation difficulties. en-us Mon, 10 Nov 2008 00:00:00 +0530 Tue, 11 Nov 2008 10:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=5396 A policy transition changes the method of computing export duty from treating declared FOB as a cum-duty assessable value to charging export duty as a percentage of the transaction FOB value actually paid or payable for delivery at export; where transactions are on CIF terms, FOB must be deduced from CIF and duty computed on that FOB, with interim continuation of prior practice through the transition period and an invitation to report implementation difficulties. Circulars Customs Mon, 10 Nov 2008 00:00:00 +0530 https://www.taxtmi.com/circulars?id=5396