https://www.taxtmi.com/circulars?id=55390 Assessment of imported polymers and related products is to rely on weekly PLATT international prices as the primary benchmark; the PLATT rate of the week prior to opening of an irrevocable L/C or, for registered non-L/C contracts, the PLATT rate on the contract date (subject to shipment timing) shall determine assessable value. No variation from PLATT for prime grade; limited downward discounts allowed for off-grade, re-generated polymers, floor sweepings and stock lots only with supervisory approval, provisional assessment and accredited testing. Freight, insurance and landing charges are added to PLATT (FOB) to arrive at assessable value. en-us Tue, 31 Mar 2009 00:00:00 +0530 Tue, 20 Dec 2016 11:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=55390 Assessment of imported polymers and related products is to rely on weekly PLATT international prices as the primary benchmark; the PLATT rate of the week prior to opening of an irrevocable L/C or, for registered non-L/C contracts, the PLATT rate on the contract date (subject to shipment timing) shall determine assessable value. No variation from PLATT for prime grade; limited downward discounts allowed for off-grade, re-generated polymers, floor sweepings and stock lots only with supervisory approval, provisional assessment and accredited testing. Freight, insurance and landing charges are added to PLATT (FOB) to arrive at assessable value. Circulars Customs Tue, 31 Mar 2009 00:00:00 +0530 https://www.taxtmi.com/circulars?id=55390