https://www.taxtmi.com/caselaws?id=336931 The Tribunal upheld the final assessment of shipping bills under the Customs Act, 1962, rejecting the appellant's challenge. It affirmed that the duty calculation should be based on the declared value at the time of export, despite subsequent sale to a different purchaser at a lower price due to lower Fe content. The Tribunal emphasized that the valuation for customs duty purposes remains fixed at the time of export clearance, dismissing the appeals as lacking merit. en-us Tue, 21 Jun 2016 00:00:00 +0530 Fri, 10 Feb 2017 17:25:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336931 The Tribunal upheld the final assessment of shipping bills under the Customs Act, 1962, rejecting the appellant's challenge. It affirmed that the duty calculation should be based on the declared value at the time of export, despite subsequent sale to a different purchaser at a lower price due to lower Fe content. The Tribunal emphasized that the valuation for customs duty purposes remains fixed at the time of export clearance, dismissing the appeals as lacking merit. Case-Laws Customs Tue, 21 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336931