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of <h1>Appellate Tribunal rules against deduction claim for transit and loss in Natural Oleo Pine Resin import appeal.</h1> The Appellate Tribunal CEGAT, New Delhi dismissed the appeal of appellants who imported Natural Oleo Pine Resin from Brazil via Switzerland. The Tribunal ... Valuation - Reduction in price by way of transit loss The Appellate Tribunal CEGAT, New Delhi heard a case where appellants imported Natural Oleo Pine Resin from Brazil via Switzerland. The appellants claimed a deduction for transit and invisible loss, but Customs did not allow it. The Tribunal found that the deduction was not justified and dismissed the appeal.
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