1999 (12) TMI 74 - SC - Customs

Summary

The appellants imported machinery and paid landing charges at a notional rate of 1% of CIF value. They filed a refund claim for actual landing charges paid, which was less than 1%. The Collector (Appeals) upheld their claim. Customs authorities appealed, but the Supreme Court ruled that landing charges should be based on actuals. The appellants are entitled to a refund if they prove actual landing charges were less than 1% of CIF value.