https://www.taxtmi.com/caselaws?id=47420 Where the actual freight for imported goods is not ascertainable, customs valuation law permits transportation cost to be included in assessable value on a prescribed presumptive basis, and the text notes acceptance of 20% of FOB value for freight in that situation. It also states that such recomputation of value does not by itself justify penalty or interest, and the prior relief against penalty and interest remained undisturbed for the imports discussed. en-us Wed, 28 Sep 2005 00:00:00 +0530 Mon, 21 Apr 2014 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=47420 Where the actual freight for imported goods is not ascertainable, customs valuation law permits transportation cost to be included in assessable value on a prescribed presumptive basis, and the text notes acceptance of 20% of FOB value for freight in that situation. It also states that such recomputation of value does not by itself justify penalty or interest, and the prior relief against penalty and interest remained undisturbed for the imports discussed. Case-Laws Customs Wed, 28 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=47420