1996 (1) TMI 265 - AT - Customs

Summary

The Appellate Tribunal CEGAT in New Delhi dismissed the appeal filed by the department regarding the inclusion of extra freight and insurance charges in the assessable value of imported goods. The Tribunal upheld the decision of the Collector (Appeals) stating that such additional expenses incurred due to grounding of the original vessel and transfer to another vessel should not be included in the assessable value. The request for adjournment by the respondent was rejected.