https://www.taxtmi.com/caselaws?id=165661 The court ruled that landing charges should not be included in the assessable value under Section 14 of the Customs Act. It emphasized that only actual landing charges should be liable for assessment, rejecting the notional weighted average used by Customs. The judgment allowed the appeal, directing a reduction in the assessable value by the amount added for landing charges and a refund to the appellant. It clarified that landing charges are for post-importation services and are distinct from expenses included in the freight element of the c.i.f. quotation. en-us Thu, 27 Nov 1980 00:00:00 +0530 Wed, 06 Aug 2014 10:34:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=165661 The court ruled that landing charges should not be included in the assessable value under Section 14 of the Customs Act. It emphasized that only actual landing charges should be liable for assessment, rejecting the notional weighted average used by Customs. The judgment allowed the appeal, directing a reduction in the assessable value by the amount added for landing charges and a refund to the appellant. It clarified that landing charges are for post-importation services and are distinct from expenses included in the freight element of the c.i.f. quotation. Case-Laws Customs Thu, 27 Nov 1980 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=165661