https://www.taxtmi.com/news?id=17518 Proposed amendments define the Place of Importation as the customs station for clearance or removal to a bonded warehouse and mandate inclusion in transaction value of transport, loading, unloading, handling and insurance costs to that place. The draft sets prescribed fallback mechanisms when transport, insurance or free on board values are not ascertainable, caps transport inclusion for air imports, excludes costs for transshipment, specifies transport includes demurrage and requires additions to be based on objective, quantifiable data. en-us Tue, 28 Feb 2017 16:40:21 +0530 Tue, 28 Feb 2017 16:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17518 Proposed amendments define the Place of Importation as the customs station for clearance or removal to a bonded warehouse and mandate inclusion in transaction value of transport, loading, unloading, handling and insurance costs to that place. The draft sets prescribed fallback mechanisms when transport, insurance or free on board values are not ascertainable, caps transport inclusion for air imports, excludes costs for transshipment, specifies transport includes demurrage and requires additions to be based on objective, quantifiable data. News - Tue, 28 Feb 2017 16:40:21 +0530 https://www.taxtmi.com/news?id=17518