https://www.taxtmi.com/caselaws?id=173047 The Court upheld the constitutional validity of Note 2 in Chapter 89 of the Customs Tariff Act, 1975, and found the basis for levying import duty on vessels for breaking up to be just and proper. The Court rejected the allegations of unreasonable and discriminatory taxation and clarified the date for determining the rate of duty and tariff valuation of imported goods. All petitions were rejected, and the rule was discharged. en-us Mon, 06 Feb 1995 00:00:00 +0530 Tue, 08 Sep 2015 10:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=173047 The Court upheld the constitutional validity of Note 2 in Chapter 89 of the Customs Tariff Act, 1975, and found the basis for levying import duty on vessels for breaking up to be just and proper. The Court rejected the allegations of unreasonable and discriminatory taxation and clarified the date for determining the rate of duty and tariff valuation of imported goods. All petitions were rejected, and the rule was discharged. Case-Laws Customs Mon, 06 Feb 1995 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=173047