https://www.taxtmi.com/caselaws?id=266497 The Appellate Tribunal CESTAT AHMEDABAD upheld the decision regarding Customs duty calculation and inclusion of duty under the Finance Act for determining Additional Duty of Customs. The Tribunal emphasized the importance of transaction values in Customs duty assessment for bulk liquid cargo imports, ruling that duty should be based on the invoice value even if the quantity received is less. Additionally, it held that duty under the Finance Act must be included in the value for calculating Additional Duty under the Customs Tariff Act, dismissing the appellant's argument against such inclusion. The appeal was rejected based on established legal principles and precedents. en-us Tue, 07 Jul 2015 00:00:00 +0530 Fri, 04 Sep 2015 18:17:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=266497 The Appellate Tribunal CESTAT AHMEDABAD upheld the decision regarding Customs duty calculation and inclusion of duty under the Finance Act for determining Additional Duty of Customs. The Tribunal emphasized the importance of transaction values in Customs duty assessment for bulk liquid cargo imports, ruling that duty should be based on the invoice value even if the quantity received is less. Additionally, it held that duty under the Finance Act must be included in the value for calculating Additional Duty under the Customs Tariff Act, dismissing the appellant's argument against such inclusion. The appeal was rejected based on established legal principles and precedents. Case-Laws Customs Tue, 07 Jul 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=266497