https://www.taxtmi.com/caselaws?id=765731 CESTAT New Delhi ruled that customs authorities cannot assess multiple shipping bills together for duty determination purposes. The tribunal held that each shipping bill must be assessed individually under the Customs Act, even when goods are exported in the same vessel or covered by a single bill of lading. The court emphasized that no provision in the Customs Act permits combining shipping bills for assessment of parameters like iron ore Fe content. Additionally, following SC precedent in Gangadhar Narsingdas, the tribunal confirmed Fe content must be determined on wet basis, not dry basis. The Commissioner's order was set aside and appeal allowed. en-us Fri, 07 Feb 2025 00:00:00 +0530 Fri, 07 Feb 2025 14:39:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=765731 CESTAT New Delhi ruled that customs authorities cannot assess multiple shipping bills together for duty determination purposes. The tribunal held that each shipping bill must be assessed individually under the Customs Act, even when goods are exported in the same vessel or covered by a single bill of lading. The court emphasized that no provision in the Customs Act permits combining shipping bills for assessment of parameters like iron ore Fe content. Additionally, following SC precedent in Gangadhar Narsingdas, the tribunal confirmed Fe content must be determined on wet basis, not dry basis. The Commissioner's order was set aside and appeal allowed. Case-Laws Customs Fri, 07 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=765731