https://www.taxtmi.com/caselaws?id=360005 Customs duty on imported liquid bulk cargo is determined by the quantity actually received in shore tanks at the Indian port of arrival, rather than the invoice quantity where ocean loss occurs or cargo is not received in the customs area. The levy applies to goods imported at the time and place of importation and does not extend to quantities not actually received in India. Demurrage incurred after goods reach the Indian port is post-importation expenditure and does not form part of transaction value or the customs assessable value. en-us Fri, 20 Apr 2018 00:00:00 +0530 Tue, 08 May 2018 08:04:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=360005 Customs duty on imported liquid bulk cargo is determined by the quantity actually received in shore tanks at the Indian port of arrival, rather than the invoice quantity where ocean loss occurs or cargo is not received in the customs area. The levy applies to goods imported at the time and place of importation and does not extend to quantities not actually received in India. Demurrage incurred after goods reach the Indian port is post-importation expenditure and does not form part of transaction value or the customs assessable value. Case-Laws Customs Fri, 20 Apr 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=360005