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Customs - Highlights / Catch Notes

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Valuation of imported goods - The demurrage charges are ...


Demurrage Charges After Arrival at Indian Ports Excluded from Transaction Value in Customs Valuation.

January 10, 2016

Case Laws     Customs     SC

Valuation of imported goods - 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 - SC

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