TMI BlogCustoms Duty Valuation: Court Rules Duty Based on Quantity in Shore Tanks, Not Overseas Suppliers' Invoice Value.Valuation of import goods - transaction value based on invoice price of the overseas suppliers - The appellant’s claim of payment of Customs duty on quantity received in shore tank is correct and legal and revenue claim of duty payment on transaction value based on invoices of all overseas suppliers is not sustainable - AT ..... X X X X Extracts X X X X X X X X Extracts X X X X
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