https://www.taxtmi.com/caselaws?id=250263 The Tribunal upheld the Commissioner's decision in favor of the Respondent in a dispute over the calculation of export duty on iron-ore fines. It ruled that duty should be charged based on dry weight per metric ton as per the contract terms, rendering the Revenue's Appeals meritless. The Tribunal also affirmed the interpretation of contract terms for determining FOB value and assessable value, ordering a refund of duties paid on short-shipped quantities. The judgment emphasized adherence to contract terms for duty calculation, dismissing the Revenue's challenges and upholding the Commissioner's Order. en-us Wed, 30 Apr 2014 00:00:00 +0530 Wed, 19 Nov 2014 17:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250263 The Tribunal upheld the Commissioner's decision in favor of the Respondent in a dispute over the calculation of export duty on iron-ore fines. It ruled that duty should be charged based on dry weight per metric ton as per the contract terms, rendering the Revenue's Appeals meritless. The Tribunal also affirmed the interpretation of contract terms for determining FOB value and assessable value, ordering a refund of duties paid on short-shipped quantities. The judgment emphasized adherence to contract terms for duty calculation, dismissing the Revenue's challenges and upholding the Commissioner's Order. Case-Laws Customs Wed, 30 Apr 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250263