same was relating
to payments for expenses related to communication costs, freight
insurance costs etc. that were incurred by the aforementioned AEs on
behalf ... view that certain expenses viz.
(i) Freight Transport Insurance Cost (Rs.65,88,039/-); (ii) Infonet
Communication Cost (Rs.5,17,328/-); (iii) ABN Amro
submitted that in all cases of transportation by
CIF basis (Cost Insurance and Freight), (which is the
basis on which cargo is imported into India ... amount calculated at the rate of 1.4% of sum of
cost, insurance and freight (CIF) value is de hors the
powers conferred under Section
Union Of India vs Om Siddh Vinayak Impex Pvt. Ltd. on 20 March, 2019
Equivalent
course of business. Many of
such imports are made on Cost Insurance
and Freight ("CIF") basis while many
imports are made on Free ... cost, freight and insurance
at the place of importation and therefore,
once the IGST is paid on value of goods
including the freight, cost
fair cost
of repairs carried out
including cost of materials
used in repairs (whether
such costs are actually
incurred for not),
insurance and freight
charges ... fair cost
of repairs carried out including cost of materials used in
repairs (whether such costs are actually incurred for not),
insurance and freight charges
fair
cost of repairs
carried out including
cost of materials
used in repairs
(whether such costs
are actually incurred
for not), insurance
and freight charges ... fair cost of
repairs carried out including cost of materials used in
repairs (whether such costs are actually incurred for
not), insurance and freight charges
confiscation,
but which were physically not available and whether the cost of
freight, insurance and landing charges need to be included on
notional basis ... landed cost of the goods. If
the cost of goods is available but the cost of the freight,
insurance or cost of landing
South Africa and the
U.S. by ocean transport on a ‘Cost-Insurance-Freight’3 basis which is supplied to
domestic industries. The goods ... contract is an inclusive price covering cost of goods, insurance and
freight payable for carriage of goods to the destination specified in the
contract
such a case to deduct
the cost of transportation (including the cost of insurance on the freight)
incurred for transporting the goods from the gate ... deducted from the
price but the cost of transportation along with the cost of insurance on
freight can be deducted as held in Bombay Tyre
Garage and Motor Company Limited5.
16. C.I.F. (Cost, Insurance, Freight) contract is well-
understood by the people in commerce ... cost of the goods,
together with the insurance of the goods during transit and
the freight to the port of destination.
4 1886 House
