https://www.taxtmi.com/caselaws?id=335671 In bulk liquid cargo imports, customs assessment is to be based on the quantity actually received in the shore tank, and a shortfall arising during transfer does not by itself justify denial of exemption. Imported phosphoric acid used in fertilizer manufacture was covered by the relevant exemption notifications, and the Board circular on assessment of bulk liquid cargo supported this approach. The short-received quantity was therefore not liable to customs duty, the exemption benefit was correctly applied, and the Revenue's challenge failed with the demand set aside. en-us Tue, 01 Nov 2016 00:00:00 +0530 Wed, 07 Dec 2016 12:37:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=335671 In bulk liquid cargo imports, customs assessment is to be based on the quantity actually received in the shore tank, and a shortfall arising during transfer does not by itself justify denial of exemption. Imported phosphoric acid used in fertilizer manufacture was covered by the relevant exemption notifications, and the Board circular on assessment of bulk liquid cargo supported this approach. The short-received quantity was therefore not liable to customs duty, the exemption benefit was correctly applied, and the Revenue's challenge failed with the demand set aside. Case-Laws Customs Tue, 01 Nov 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=335671