https://www.taxtmi.com/circulars?id=60100 The amendment defines place of importation as the customs station where goods are cleared for home consumption or removed to a warehouse, limiting includable costs to those incurred up to that place. Loading, unloading and handling charges relating to delivery at the place of importation are excluded from CIF; only charges incurred to deliver goods to the place of importation are included. The Rules also permit apportionment of freight and insurance where only combined FOB-plus-freight or FOB-plus-insurance values are known, and exclude domestic trans shipment costs from the transaction value to ensure consistent treatment across transport modes. en-us Tue, 31 Oct 2017 00:00:00 +0530 Fri, 08 Mar 2019 12:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60100 The amendment defines place of importation as the customs station where goods are cleared for home consumption or removed to a warehouse, limiting includable costs to those incurred up to that place. Loading, unloading and handling charges relating to delivery at the place of importation are excluded from CIF; only charges incurred to deliver goods to the place of importation are included. The Rules also permit apportionment of freight and insurance where only combined FOB-plus-freight or FOB-plus-insurance values are known, and exclude domestic trans shipment costs from the transaction value to ensure consistent treatment across transport modes. Circulars Customs Tue, 31 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60100