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TMI BlogAmendment to Customs Valuation Rules - Notification No. 91/2017 (NT) dated 26.9.17X X X X Extracts X X X X X X X X Extracts X X X X ..... PUBLIC NOTICE NO. 34/2017 Subject:- Amendment to Customs Valuation Rules - Notification No. 91/2017 (NT) dated 26.9.17 - Regarding. Attention of ail the Importers, Exporters, Customs Brokers, Steamer Agents Custodians/Customs Cargo Service Providers, Trade Associations/Chamber of Commerce, Members of the RAC/PGC and the public is invited to CBEC s Circular No. 39/2017-Customs, dated 2 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... Customs (N.T) dated 26th September, 2017, as explained below: Definition of the term place of importation 4. The term place of importation has been used in the CVR; however, the term was not defined. To bring in clarity, the place of importation has been defined as: Place of Importation means the customs station where the goods are brought for being cleared for home consumpti ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... mported goods at the place of importation, shall no longer be added to the CIF value of the goods. 5.2 The phrase loading, unloading and handling charges appearing in the amended Rule 10 (2) (a) is to be understood in context of Article 8(2) of the WTO Agreement which reads as the cost of transport of the imported goods to the port or place of importation . Thus, only charges incurred for de ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... by virtue of the 6th proviso to Rule 10 (2), costs related to transhipment of goods (from ports to ICDs; port to port, port to CFS, Airport to Airport etc.) within India will be excluded, providing uniform treatment to different modes of transhipment. 8. Difficulties, if any, in following the above instructions may please be brought to the notice of the undersigned. (SUDHA KOKA) COMMIS ..... X X X X Extracts X X X X X X X X Extracts X X X X
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