https://www.taxtmi.com/caselaws?id=438900 Barge charges for transporting imported goods from the anchorage port to the unloading port were held not includible in assessable value for the pre-amendment period, because the later amendment to the Customs Valuation Rules expressly covering lighterage and barge charges was not shown to operate retrospectively. The valuation dispute therefore failed in favour of the assessee. The personal penalty on the senior executive also could not survive, as it was purely consequential to the duty demand and fell away once the principal demand was set aside. en-us Wed, 07 Jun 2023 00:00:00 +0530 Mon, 12 Jun 2023 08:43:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=438900 Barge charges for transporting imported goods from the anchorage port to the unloading port were held not includible in assessable value for the pre-amendment period, because the later amendment to the Customs Valuation Rules expressly covering lighterage and barge charges was not shown to operate retrospectively. The valuation dispute therefore failed in favour of the assessee. The personal penalty on the senior executive also could not survive, as it was purely consequential to the duty demand and fell away once the principal demand was set aside. Case-Laws Customs Wed, 07 Jun 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=438900