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of <h1>Supreme Court Rules Customs Duty on Bulk Liquid Cargo Based on Shore Tank Receipts, Not Ship Ullage Reports.</h1> The circular addresses the assessment of customs duty on bulk liquid cargo imports, following a Supreme Court ruling in favor of using shore tank receipts over ship ullage survey reports. This decision resolves a longstanding dispute between oil companies and customs authorities. The Supreme Court upheld that customs duty should be based on the quantity pumped into shore tanks. The circular also discusses the liability of shipmasters or agents for shortages under the Customs Act, following guidelines from the Bombay High Court. For cargo not discharged through regular pipelines, assessment may still use ship ullage reports. The circular calls for public dissemination of these instructions.
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