Home Case Index All Cases Customs Customs + AT Customs - 2023 (11) TMI AT This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
2023 (11) TMI 484 - CESTAT BANGALOREValuation of imported goods - assessment of bulk liquid cargo shown in the imported documents - whether the quantity shown in the import invoices and other related import documents be considered for assessment of bulk liquid cargo or the actual quantity received in the Shore Tank after import, be the basis for determination of value as well as duty? HELD THAT:- This issue has been considered by the Hon’ble Supreme Court in the case of Mangalore Refinery and Petrochemicals Ltd. [2015 (9) TMI 245 - SUPREME COURT] after analysing the provisions of Customs Act, their Lordships observed that the quantity of crude oil actually received into a shore tank in a port in India should be the basis for payment of customs duty. There are no merit in the impugned orders - the impugned orders are set aside - appeal allowed.
|