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The HC held that the Fe content in imported iron ore fines (IOF) must be determined based on wet metric tonnage (WMT) rather than dry metric tonnage (DMT), reaffirming the precedent set by a coordinate bench. The court emphasized the principle of judicial discipline requiring adherence to prior decisions of coordinate benches unless a larger bench is constituted. Consequently, the appellant's contention challenging the established method was rejected. The court found no substantial question of law under Section 130 of the Customs Act, 1962, arising from the appeals. Accordingly, the appeals were dismissed, upholding the revenue's position and maintaining uniformity in the legal interpretation concerning customs duty assessment on IOF consignments.
The HC held that the Fe content in imported iron ore fines (IOF) must be determined based on wet metric tonnage (WMT) rather than dry metric tonnage (DMT), reaffirming the precedent set by a coordinate bench. The court emphasized the principle of judicial discipline requiring adherence to prior decisions of coordinate benches unless a larger bench is constituted. Consequently, the appellant's contention challenging the established method was rejected. The court found no substantial question of law under Section 130 of the Customs Act, 1962, arising from the appeals. Accordingly, the appeals were dismissed, upholding the revenue's position and maintaining uniformity in the legal interpretation concerning customs duty assessment on IOF consignments.
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