https://www.taxtmi.com/caselaws?id=340564 Shore tank dip measurement was treated as the accepted basis for assessing imported bulk liquid cargo, and the assessment was sustained. The objection that accurate measurement required a 48-hour settling period was rejected because it was not supported by the material relied upon. No contemporaneous protest had been raised when the dip reading was taken in the presence of the importer's representative, and no practical basis existed for re-measuring the same stock after clearance. The recorded dip measurement therefore remained a reliable foundation for assessment, and the challenge to the valuation method failed. en-us Mon, 20 Feb 2017 00:00:00 +0530 Mon, 13 Nov 2017 16:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=340564 Shore tank dip measurement was treated as the accepted basis for assessing imported bulk liquid cargo, and the assessment was sustained. The objection that accurate measurement required a 48-hour settling period was rejected because it was not supported by the material relied upon. No contemporaneous protest had been raised when the dip reading was taken in the presence of the importer's representative, and no practical basis existed for re-measuring the same stock after clearance. The recorded dip measurement therefore remained a reliable foundation for assessment, and the challenge to the valuation method failed. Case-Laws Customs Mon, 20 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=340564