1996 (7) TMI 278 - AT - Customs

Summary

The Appellate Tribunal CEGAT, New Delhi heard a case regarding the deduction of price of 2 Kgs. per drum on account of transit and invisible loss in the import of Natural Oleo Pine Resin. The appellants' appeal was dismissed as the deduction was not considered a negotiated price reduction, but rather a set-off for potential evaporation during transit and storage. The Tribunal found no grounds to interfere and upheld the Collector's decision.