Customs Duty Payable Upon Ship Breaking, Not Import Date. Tribunal Decision Set Aside.

The Supreme Court held that customs duty is payable based on the date of breaking up of the ship, not the date of import. The Tribunal's decision was set aside, and duty is payable by the respondent on the date of breaking or granting of permission, whichever is earlier. The respondent must pay costs of Rs. 10,000 to the appellant.

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The Supreme Court held that customs duty is payable based on the date of breaking up of the ship, not the date of import. The Tribunal's decision was set aside, and duty is payable by the respondent on the date of breaking or granting of permission, whichever is earlier. The respondent must pay costs of Rs. 10,000 to the appellant. (Case: Union of India v. Jalyan Udyog)

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