Directorate General of Valuation

Treatment of interest charges in the Customs Value of Imported goods.

DECISION 3.1

TREATMENT OF INTEREST CHARGES IN THE CUSTOMS VALUE OF IMPORTED GOODS.

During its Ninth Meeting held on 26 April 1984, the Committee on Customs Valuation adopted the following decision:

The Parties to the Agreement on Implementation of Article VII of the GATT agree as follows:

Charges for interest under a financing agreement entered into by the buyer and relating to the purchase of imported goods shall not be regarded as part of the Customs Value provided that :

Meaning of the work "undertaken" used in Article 8.1 (b) (iv) of the Agreement.

DECISION 2.1

MEANING OF THE WORD "UNDERTAKEN" USED IN ARTICLE 8.1 ( B) (IV) OF THE AGREEMENT.

During its Sixth Meeting held on 3 March 1983, the Committee on Customs Valuation agreed that in the context of Article 8.1 (b) (iv) of the Agreement the English word "undertaken" is to be understood as meaning "carried out". It noted that the French and Spain versions of the Agreement were not affected.

French translation of the term "copyrights" in the Interpretative Note to Article 8.1( c ) of the Agreement.

DECISION 1.1

FRENCH TRANSALATION OF THE TERM "COPYRIGHTS IN THE INTERPRETATIVE NOTE TO ARTICLE 8.1(C) OF THE AGREEMENT.

During its First Meeting held on 13 January 1981, the Committee on Customs Valuation agreed that the French translation of the term "copyrights" in the Interpretative Note to the Article 8.1 ( c ) of the Agreement, which read "droit de reproduction" be replaced by the term "droit d’auteur".

F.No. 605/3/2005-DBK

CIRCULAR NO 33/2005-CUSTOMS,Dated : August 2, 2005

F.No. 605/3/2005-DBK

Sub:- Seizure of goods entered for exportation on account of misdeclaration of quantity, value etc. - provisional release instructions - reg.

F. No. VAL/NIDB/25/2004

New software for NIDB retrieval (NIDB Q C)

F.No. VAL/NIDB/25/2004 Mumbai, 30^thDecember 2004.

Commissioner of Customs (All)

Commissioner of Customs Central Excise (All)

Sir,

Sub: New software for NIDB retrieval (NIDB Q C) reg.

M.F.(D.R.)Circular No. 29/2004- CUS

Valuation (Customs)-Barging/Lighterage charges

Includible in assessable value under Customs Rule 9(2)(a)

Subject: Customs Valuation Rules, 1988-Inclusion of

barging/lighterage charges in the assessable

value-Regardings.

F. No. VAL/TECH/76/2004

Final Letter to all CCC ECDB

No. VAL/TECH/76/2004 Mumbai, 23^rdNov 2004

To,

Chief Commissioner of Customs (All)

Chief Commissioner of Customs Central Excise (All)

Sir,

Sub : Launching of Export Commodity Database regarding.

Kindly refer to my letter of even no dated 09-09-04 announcing the Directorates programme for the development of an Export Commodity Database (ECDB) which will focus on the valuation aspects of export goods and related matters.

11013/34/96-Ad IV / Pt. II

Circular No. : 11013/34/96-Ad IV / Pt. II Dated : 2/6/1997

F.NO. A. 11013/34/96-Ad.IV/Pt.II

Ministry of Finance

Department of Revenue

Central Board of Excise Customs

New Delhi, the 2nd June, 1997.

All Chief Commissioners of Customs Central Excise,

All Directorates General - Customs Central Excise,

All Commissioners of Customs Central Excise,

All Directors Customs and Central Excise,

Sirs,

605/96 DBK Cir.No.23/96 Cus

Circular No. :605/96 DBK Cir.No.23/96 Cus Dated :19/4/1996

Valuation VBAL scheme Over valuation of import items in the application for Advance license

Circular No. 23/96-Cus., dated 19-4-1996

[From F. No. 605/96-DBK]

Government of India

Ministry of Finance (Department of Revenue)

Central Board of Excise Customs, New Delhi

Subject : VBAL - Over valuation of import in Advance Licence application.

528/42/95 –Cus (TU) Cir.No.55/95

Circular No. :528/42/95 Cus (TU) Cir.No.55/95 Dated : 30/5/1995

Import in CKD/SKD condition Assessment

Circular No. 55/95-Cus., dated 30-5-1995

[From F. No. 528/42/95-Cus. (TU)]

Government of India

Ministry of Finance (Department of Revenue)

New Delhi

Subject : Assessment of goods imported in CKD/SKD condition.

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