https://www.taxtmi.com/caselaws?id=341342 Customs duty was considered unsustainable where imported phosphoric acid, exempt for use in fertilizer manufacture, was short-received in the shore tank and the assessee produced evidence of that short receipt. The Tribunal accepted that, for liquid cargo, the quantity actually received in the shore tank is the relevant assessable quantity, and transit or storage loss cannot be treated as dutiable receipt. It also followed the Board circular and the settled view applied in an earlier identical period involving the same assessee, finding no basis to depart from that approach. On that reasoning, the Revenue's appeal was rejected. en-us Thu, 16 Feb 2017 00:00:00 +0530 Thu, 06 Apr 2017 17:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=341342 Customs duty was considered unsustainable where imported phosphoric acid, exempt for use in fertilizer manufacture, was short-received in the shore tank and the assessee produced evidence of that short receipt. The Tribunal accepted that, for liquid cargo, the quantity actually received in the shore tank is the relevant assessable quantity, and transit or storage loss cannot be treated as dutiable receipt. It also followed the Board circular and the settled view applied in an earlier identical period involving the same assessee, finding no basis to depart from that approach. On that reasoning, the Revenue's appeal was rejected. Case-Laws Customs Thu, 16 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=341342