https://www.taxtmi.com/circulars?id=60452 Notification No. 91/2017 defines place of importation as the customs station where goods are cleared or warehoused and provides that costs incurred up to that place are relevant for transaction value. Loading, unloading and handling charges at delivery to the place of importation shall not be added to CIF; only charges to deliver goods to the place of importation are includible consistent with WTO Article 8. Provisos clarify computation of freight and insurance when only cumulative FOB-plus values are known. Transhipment costs within India are excluded from the transaction value to ensure uniform treatment across modes. en-us Thu, 05 Oct 2017 00:00:00 +0530 Mon, 01 Apr 2019 16:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=60452 Notification No. 91/2017 defines place of importation as the customs station where goods are cleared or warehoused and provides that costs incurred up to that place are relevant for transaction value. Loading, unloading and handling charges at delivery to the place of importation shall not be added to CIF; only charges to deliver goods to the place of importation are includible consistent with WTO Article 8. Provisos clarify computation of freight and insurance when only cumulative FOB-plus values are known. Transhipment costs within India are excluded from the transaction value to ensure uniform treatment across modes. Circulars Customs Thu, 05 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/circulars?id=60452