2022 (8) TMI 16 - SC - Customs

Valuation - whether the demurrage charges can form part of the assessable value? - HELD THAT - The issue raised in these appeals is squarely covered by the order in C.C.E. MANGALORE VERSUS MANGALORE REFINERY PETROCHEMICALS LTD. 2016 (1) TMI 325 - SUPREME COURT whereby the issue that whether the demurrage charges can form part of the assessable value has been decided in favour of the assessee thereby confirming the order of the Tribunal. Appeal dismissed - decided against Revenue.

Summary

The Supreme Court dismissed the appeals as the affidavit of valuation was not filed and the issue of demurrage charges forming part of assessable value was decided in favor of the assessee in a previous order. The appeals were dismissed based on these grounds.