https://www.taxtmi.com/caselaws?id=73686 Additional duty of customs on partially oriented yarn had to be assessed by reference to the goods' condition at the time of import and warehousing, not by the denierage reached after later texturisation. The subsequent manufacturing process did not change the customs valuation basis for the imported yarn, even though excise duty could arise on the texturised product. On that reasoning, the demand for additional duty calculated on post-texturisation denierage was not sustainable and the assessee's contention succeeded. en-us Mon, 09 May 1988 00:00:00 +0530 Thu, 02 Jun 2011 17:50:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=73686 Additional duty of customs on partially oriented yarn had to be assessed by reference to the goods' condition at the time of import and warehousing, not by the denierage reached after later texturisation. The subsequent manufacturing process did not change the customs valuation basis for the imported yarn, even though excise duty could arise on the texturised product. On that reasoning, the demand for additional duty calculated on post-texturisation denierage was not sustainable and the assessee's contention succeeded. Case-Laws Customs Mon, 09 May 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=73686