https://www.taxtmi.com/caselaws?id=467211 Transaction value for export duty is the FOB value at the time and place of exportation and must be determined under the Customs Valuation (Determination of Value of Export Goods) Rules, 2007 read with Section 14 of the Customs Act, 1962; an ex mine invoice price that does not reflect delivery at the export point is not the transaction value. Costs necessary to place goods on the carrier - including domestic transport, port handling, insurance and similar expenses - are included in transaction value even if paid directly by the overseas buyer to third parties. Valuation follows the prescribed rule based sequence and may be rejected if accuracy is doubted. en-us Thu, 19 Jan 2023 00:00:00 +0530 Tue, 10 Mar 2026 23:34:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=467211 Transaction value for export duty is the FOB value at the time and place of exportation and must be determined under the Customs Valuation (Determination of Value of Export Goods) Rules, 2007 read with Section 14 of the Customs Act, 1962; an ex mine invoice price that does not reflect delivery at the export point is not the transaction value. Costs necessary to place goods on the carrier - including domestic transport, port handling, insurance and similar expenses - are included in transaction value even if paid directly by the overseas buyer to third parties. Valuation follows the prescribed rule based sequence and may be rejected if accuracy is doubted. Case-Laws Customs Thu, 19 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=467211