https://www.taxtmi.com/caselaws?id=385768 The tribunal ruled that freight and insurance charges should be included in the assessable value of remnant ATF, contrary to the appellants' arguments. The tribunal referred the matter to a larger bench to determine the specific question of law regarding the addition of freight charges to the IOC price of ATF for valuation purposes. Other issues, including the applicability of exemptions, extended limitation periods, interest, penalty justifications, and liability for confiscation, were deferred pending the larger bench's decision on the primary valuation issue. en-us Fri, 28 Jun 2019 00:00:00 +0530 Sat, 15 Feb 2020 14:49:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385768 The tribunal ruled that freight and insurance charges should be included in the assessable value of remnant ATF, contrary to the appellants' arguments. The tribunal referred the matter to a larger bench to determine the specific question of law regarding the addition of freight charges to the IOC price of ATF for valuation purposes. Other issues, including the applicability of exemptions, extended limitation periods, interest, penalty justifications, and liability for confiscation, were deferred pending the larger bench's decision on the primary valuation issue. Case-Laws Customs Fri, 28 Jun 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385768