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Customs - Highlights / Catch Notes

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Valuation of imported goods - inclusion of the “ship demurrage ...


High Court Rules Ship Demurrage Charges Excluded from Assessable Value; Proviso to Rule 10(2) Declared Ultra Vires.

October 10, 2019

Case Laws     Customs     AT

Valuation of imported goods - inclusion of the “ship demurrage charges” incurred by the appellant in the assessable value - Since the HC has declared proviso to Rule 10(2) of the Valuation Rules to be ultra virus, demand set aside.

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