https://www.taxtmi.com/circulars?id=8001 For imports assessed under the pre October 2007 valuation regime, the Supreme Court held that transport costs already included in CIF/FOB contracts and bills of lading cannot be further increased by adding barge charges; pending assessments covered by that ratio should be finalized accordingly. For assessments from October 10, 2007 onwards, the 2007 Customs Valuation Rules expressly state that transport cost includes demurrage, lighterage and barge charges, and includibility must be governed by those rules read with the statutory valuation provision. en-us Mon, 30 Nov 2009 00:00:00 +0530 Tue, 09 Mar 2010 18:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8001 For imports assessed under the pre October 2007 valuation regime, the Supreme Court held that transport costs already included in CIF/FOB contracts and bills of lading cannot be further increased by adding barge charges; pending assessments covered by that ratio should be finalized accordingly. For assessments from October 10, 2007 onwards, the 2007 Customs Valuation Rules expressly state that transport cost includes demurrage, lighterage and barge charges, and includibility must be governed by those rules read with the statutory valuation provision. Circulars Customs Mon, 30 Nov 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8001