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Customs - Highlights / Catch Notes

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Valuation - Import of crude oil - the demurrage charges are ...


Demurrage Charges Post-Import at Indian Ports Excluded from Customs Valuation for Transaction Value Purposes.

May 30, 2017

Case Laws     Customs     AT

Valuation - Import of crude oil - the demurrage charges are admittedly incurred after the goods reached the Indian port and therefore it is a post-importation event. Such charges therefore cannot form part of the transaction value. - AT

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