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Customs - Highlights / Catch Notes

Home Highlights November 2023 Year 2023 This

Valuation - Aviation Turbine Fuel (ATF) remained on board - ...

Customs

November 22, 2023

Valuation - Aviation Turbine Fuel (ATF) remained on board - conversion into domestic flight - Methodology adopted in computing assessable value on fuels - loading of the prices with 1% landing charges - 20% transportation cost - 1.125% of insurance - none of these charges can become part of transaction value as per Rule 10(2) - AT

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