https://www.taxtmi.com/forum/issue?id=119134 Import duty paid on free of charge inputs can be treated as part of the exporter's input cost; exporters may invoice the finished goods showing the buyer supplied item separately as free of charge and record the net payable as the FOB value. Export incentives such as drawback and RODTEP are calculated on the FOB value realized in free foreign exchange. The shipping bill should state the net FOB value and include remarks referencing the buyer's invoice and bill of entry numbers to evidence re export of FOC inputs. en-us Fri, 31 May 2024 14:00:44 +0530 Fri, 24 Jan 2025 10:40:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/forum/issue?id=119134 Import duty paid on free of charge inputs can be treated as part of the exporter's input cost; exporters may invoice the finished goods showing the buyer supplied item separately as free of charge and record the net payable as the FOB value. Export incentives such as drawback and RODTEP are calculated on the FOB value realized in free foreign exchange. The shipping bill should state the net FOB value and include remarks referencing the buyer's invoice and bill of entry numbers to evidence re export of FOC inputs. Discussion-Forum Customs Fri, 31 May 2024 14:00:44 +0530 https://www.taxtmi.com/forum/issue?id=119134