https://www.taxtmi.com/caselaws?id=328953 Ship demurrage charges paid for detention of a vessel beyond lay time are not includible in the assessable value of imported goods for customs duty purposes. The Tribunal treated the issue as settled by binding precedent that demurrage arises only after the goods reach the Indian port and is therefore a post-importation event. It also followed the larger bench view that such charges cannot form part of assessable value, including where assessments are provisional. The demand was therefore not sustainable. en-us Mon, 30 May 2016 00:00:00 +0530 Sat, 18 Jun 2016 10:24:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328953 Ship demurrage charges paid for detention of a vessel beyond lay time are not includible in the assessable value of imported goods for customs duty purposes. The Tribunal treated the issue as settled by binding precedent that demurrage arises only after the goods reach the Indian port and is therefore a post-importation event. It also followed the larger bench view that such charges cannot form part of assessable value, including where assessments are provisional. The demand was therefore not sustainable. Case-Laws Customs Mon, 30 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328953