https://www.taxtmi.com/caselaws?id=445179 For bulk liquid imports, customs duty is assessed on the quantity actually received into the shore tank at the Indian port of discharge, not on the bill of lading or transaction quantity. The distinction between specific-rate duty and ad valorem duty does not change that rule. An earlier revenue circular could not override the statutory scheme or the authoritative position on valuation and assessment. The article states that this principle governed the dispute over imported crude petroleum oil and that the challenge to the refund-related order was rejected, leaving the lower appellate order 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 For bulk liquid imports, customs duty is assessed on the quantity actually received into the shore tank at the Indian port of discharge, not on the bill of lading or transaction quantity. The distinction between specific-rate duty and ad valorem duty does not change that rule. An earlier revenue circular could not override the statutory scheme or the authoritative position on valuation and assessment. The article states that this principle governed the dispute over imported crude petroleum oil and that the challenge to the refund-related order was rejected, leaving the lower appellate order undisturbed. Case-Laws Customs Tue, 31 Oct 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=445179