https://www.taxtmi.com/notifications?id=18241 Amendment to rule 9(2) prescribes presumptive valuation measures: where transport cost is not ascertainable it shall be a fixed proportion of the free on board value; ancillary charges shall be a fixed proportion of the free on board value plus transport and insurance amounts; where insurance cost is not ascertainable it shall be a fixed proportion of the free on board value. For air imports an ascertainable transport cost is capped at that presumptive ceiling, and where free on board value is not ascertainable the presumptive transport and insurance amounts apply together. en-us Thu, 05 Jul 1990 00:00:00 +0530 Thu, 30 Jul 2009 13:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=18241 Amendment to rule 9(2) prescribes presumptive valuation measures: where transport cost is not ascertainable it shall be a fixed proportion of the free on board value; ancillary charges shall be a fixed proportion of the free on board value plus transport and insurance amounts; where insurance cost is not ascertainable it shall be a fixed proportion of the free on board value. For air imports an ascertainable transport cost is capped at that presumptive ceiling, and where free on board value is not ascertainable the presumptive transport and insurance amounts apply together. Notifications Customs Thu, 05 Jul 1990 00:00:00 +0530 https://www.taxtmi.com/notifications?id=18241