https://www.taxtmi.com/caselaws?id=445179 Customs duty on imported bulk crude petroleum oil is assessable on the quantity actually received into the shore tank at the Indian port of discharge, rather than the bill of lading or transaction quantity. This principle applies irrespective of whether duty is levied at a specific or ad valorem rate. Administrative circulars cannot override the statutory assessment and valuation scheme or an authoritative legal declaration governing bulk liquid imports. Consequently, the refund-related challenge failed, and the lower appellate order remained undisturbed. en-us Tue, 31 Oct 2023 00:00:00 +0530 Tue, 31 Oct 2023 18:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=445179 Customs duty on imported bulk crude petroleum oil is assessable on the quantity actually received into the shore tank at the Indian port of discharge, rather than the bill of lading or transaction quantity. This principle applies irrespective of whether duty is levied at a specific or ad valorem rate. Administrative circulars cannot override the statutory assessment and valuation scheme or an authoritative legal declaration governing bulk liquid imports. Consequently, the refund-related challenge failed, and the lower appellate order remained undisturbed. Case-Laws Customs Tue, 31 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445179