https://www.taxtmi.com/caselaws?id=87771 Customs valuation of a high sea sale required examination of the contract terms and the statutory limits under Section 14 of the Customs Act, 1962 before demurrage, wharfage and stock loss could be added to assessable value. The record did not include the sale contract, and the lower appellate order had not analysed the nature and modalities of the transaction or whether the disputed charges were permissible additions supported by objective, quantifiable data under the valuation rules. The matter was therefore remanded for fresh consideration after hearing the parties and examining the relevant documents. en-us Tue, 27 May 1997 00:00:00 +0530 Sat, 10 Sep 2011 12:09:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=87771 Customs valuation of a high sea sale required examination of the contract terms and the statutory limits under Section 14 of the Customs Act, 1962 before demurrage, wharfage and stock loss could be added to assessable value. The record did not include the sale contract, and the lower appellate order had not analysed the nature and modalities of the transaction or whether the disputed charges were permissible additions supported by objective, quantifiable data under the valuation rules. The matter was therefore remanded for fresh consideration after hearing the parties and examining the relevant documents. Case-Laws Customs Tue, 27 May 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=87771