https://www.taxtmi.com/caselaws?id=85023 Re-imported Indian goods exported under bond without payment of excise duty are assessed under the Customs Act, 1962 on the footing of goods of like kind and value imported from abroad. For such re-imports, customs duty is linked to the excise duty leviable at the time and place of importation, and valuation is not confined to the duty element existing at export. Freight and insurance therefore form part of the assessable value, and the claim for refund of excess countervailing duty was not maintainable. en-us Thu, 11 Jan 1996 00:00:00 +0530 Tue, 02 Aug 2011 12:35:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=85023 Re-imported Indian goods exported under bond without payment of excise duty are assessed under the Customs Act, 1962 on the footing of goods of like kind and value imported from abroad. For such re-imports, customs duty is linked to the excise duty leviable at the time and place of importation, and valuation is not confined to the duty element existing at export. Freight and insurance therefore form part of the assessable value, and the claim for refund of excess countervailing duty was not maintainable. Case-Laws Customs Thu, 11 Jan 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=85023