Customs Valuation Calculator

Calculate the Assessable Value (often CIF value) for customs duty calculation.

₹
Free On Board value (usually cost of goods + local transport/charges to port of export).
₹
Cost of transporting goods to the port of import. If not known, customs may apply a standard rate (e.g., 20% of FOB).
₹
Cost of insuring the goods during transit. If not known, customs may apply a standard rate (e.g., 1.125% of FOB).
₹
Include charges like landing fees, loading/unloading if applicable (Landing charges often taken as 1% of CIF if not specified).

How to Use:

  1. Enter the FOB Value (Free On Board) of the goods in Indian Rupees (₹). This is the value of goods at the port of export.
  2. Enter the actual Freight Charges (₹) paid for shipping.
  3. Enter the actual Insurance Charges (₹) paid.
  4. Enter any Other Charges (₹) incurred up to the place of importation, like landing charges, if applicable (enter 0 if none).
  5. Click 'Calculate Assessable Value'.
  6. The result shows the calculated Assessable Value (typically CIF + applicable charges), which is the value used to calculate import duties.

Disclaimer: This calculator provides a value based on the inputs. Customs valuation rules can be complex. If actual Freight or Insurance figures are unavailable, Customs authorities may apply notional rates (e.g., 20% of FOB for freight, 1.125% of FOB for insurance). Landing charges might be added notionally (e.g., 1% of CIF) if not included. This calculator does not account for exchange rate conversions or specific valuation rules under the Customs Act. Consult official guidelines or a customs expert for precise valuation.