https://www.taxtmi.com/caselaws?id=101728 Post-clearing bank charges were treated as deductible post-clearing expenses and, therefore, not includible in the assessable value for duty; the duty demand on that component was not sustainable because a binding Supreme Court ruling displaced the earlier contrary appellate view. The penalty was also unsustainable because it was imposed without recorded reasons, and it was set aside. The note further records that the dispute concerning damaged goods was not pursued. en-us Tue, 26 Feb 2002 00:00:00 +0530 Fri, 10 Feb 2012 18:06:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=101728 Post-clearing bank charges were treated as deductible post-clearing expenses and, therefore, not includible in the assessable value for duty; the duty demand on that component was not sustainable because a binding Supreme Court ruling displaced the earlier contrary appellate view. The penalty was also unsustainable because it was imposed without recorded reasons, and it was set aside. The note further records that the dispute concerning damaged goods was not pursued. Case-Laws Central Excise Tue, 26 Feb 2002 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=101728