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Customs - Highlights / Catch Notes

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Valuation - inclusion of demurrage charges - import of crude oil ...


Demurrage Charges Post-Arrival at Indian Ports Excluded from Customs Valuation Transaction Value.

May 8, 2018

Case Laws     Customs     AT

Valuation - inclusion of demurrage charges - import of crude oil - The demurrage charges are admittedly incurred after the goods reached at Indian ports and, therefore, it is a post-importation event. Such charges, therefore, cannot form part of the transaction value - AT

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