https://www.taxtmi.com/caselaws?id=54386 Contractually stipulated demurrage, wharfage and stock loss charges under a high seas sale agreement form part of the price actually paid or payable for customs valuation purposes when they are expressly agreed as conditions of sale and pre-determined in the contract. Such amounts are not treated as excluded post-importation expenses where they arise from the sale structure itself and are added under the transaction value rules. Earlier authority excluding demurrage was distinguished because it concerned extraordinary port-delay charges, not contractual charges embedded in the high seas sale price. These charges were therefore includible in the assessable value of the imported goods. en-us Mon, 03 Mar 2003 00:00:00 +0530 Tue, 19 Oct 2010 17:53:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=54386 Contractually stipulated demurrage, wharfage and stock loss charges under a high seas sale agreement form part of the price actually paid or payable for customs valuation purposes when they are expressly agreed as conditions of sale and pre-determined in the contract. Such amounts are not treated as excluded post-importation expenses where they arise from the sale structure itself and are added under the transaction value rules. Earlier authority excluding demurrage was distinguished because it concerned extraordinary port-delay charges, not contractual charges embedded in the high seas sale price. These charges were therefore includible in the assessable value of the imported goods. Case-Laws Customs Mon, 03 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=54386