https://www.taxtmi.com/caselaws?id=183535 The court granted permission to remove the wreck obstructing the sea channel, with the petitioners directed to file a Bill of Entry by a specified date for provisional assessment based on a Memorandum of Understanding (MOU) value. The assessment was to be conducted in accordance with customs regulations, and the petitioners agreed to pay duty and furnish required security. The wreck would be allowed to be moved to a designated landing place after completing necessary procedures. The court did not address the representation for abatement under The Customs Act, 1962, as an arrangement had been reached between the parties for provisional assessment. en-us Fri, 07 May 2010 00:00:00 +0530 Mon, 13 Jun 2016 17:32:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=183535 The court granted permission to remove the wreck obstructing the sea channel, with the petitioners directed to file a Bill of Entry by a specified date for provisional assessment based on a Memorandum of Understanding (MOU) value. The assessment was to be conducted in accordance with customs regulations, and the petitioners agreed to pay duty and furnish required security. The wreck would be allowed to be moved to a designated landing place after completing necessary procedures. The court did not address the representation for abatement under The Customs Act, 1962, as an arrangement had been reached between the parties for provisional assessment. Case-Laws Customs Fri, 07 May 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=183535