TMI Blog2016 (11) TMI 1747X X X X Extracts X X X X X X X X Extracts X X X X ..... ection 114(i) ibid - HELD THAT:- The Board vide Circular No. 4/2012-Cus. dated 17-2-2012, in the wake of several references received, inter alia, clarified In light of the observation by the Apex Court that export duty is chargeable according to Fe contents, and to maintain uniformity all over the customs houses, it is clarified that for the purpose of charging of export duty the assessment of I ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... gainst 61.4% declared by appellants. Department took the view that such consignments having Fe content of more than 64% was in restricted category as per the FTP 2007-08 and shall be exported only through state trading enterprises viz. MMTC Ltd. In the impugned orders, adjudicating authority has ordered confiscation of the said iron ore consignments and imposed redemption fine under Section 25 of ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... tal weight/Gross Weight to arrive at Net Fe contents. 4. In case of any difficulty in arriving at the net Fe content, assessment may be based on test result which directly determines the Fe contents. 5. Pending assessments on the issue, if any, should be finalized accordingly. For these reasons, the drawal of samples and its testing on dry basis and when not done by Wet Metric Ton basis c ..... X X X X Extracts X X X X X X X X Extracts X X X X
|
