https://www.taxtmi.com/highlights?id=105531 Export transaction value remains the price paid or payable by the buyer for delivery at the place of export where otherwise acceptable. Overseas agency commission paid from sale proceeds is a selling expense: Customs valuation rules neither require its deduction nor impose a ceiling, including where it exceeds 12.5% of FOB value. For Duty Drawback, RoDTEP and RoSCTL, agency commission and foreign bank charges are deductible from FOB value only to the extent exceeding 12.5% for incentive computation, subject to correct shipping-bill declaration. Remittance permissibility under FEMA, RBI directions and foreign trade law remains outside this scope. en-us Thu, 29 Oct 2026 06:33:44 +0530 Thu, 29 Oct 2026 06:33:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=105531 Export transaction value remains the price paid or payable by the buyer for delivery at the place of export where otherwise acceptable. Overseas agency commission paid from sale proceeds is a selling expense: Customs valuation rules neither require its deduction nor impose a ceiling, including where it exceeds 12.5% of FOB value. For Duty Drawback, RoDTEP and RoSCTL, agency commission and foreign bank charges are deductible from FOB value only to the extent exceeding 12.5% for incentive computation, subject to correct shipping-bill declaration. Remittance permissibility under FEMA, RBI directions and foreign trade law remains outside this scope. Highlights Customs Thu, 29 Oct 2026 06:33:44 +0530 https://www.taxtmi.com/highlights?id=105531