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CUSTOMS - SALE OF IMPORTED GOODS ON HIGH SEAS – DETERMINATION OF VALUE FOR ASSESSMENT - REG.

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..... : 05-03-2004 1. Attention of the Importers, Custom House Agents, Trading Public and all others concerned, is invited to the Customs Valuations Rules, 1988 and to the various instructions issued by t .....

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..... declared CIF value. Such "High-Seas sales charges" are taken to be 2% of the CIF value as a general practice. However, in cases, where actual "High-seas sales charges" are more than 2% on the CIF val .....

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