https://www.taxtmi.com/caselaws?id=42127 The Court ruled in favor of the petitioner, directing Customs Authorities to reassess the Bill of Entry based on the corrected freight bill provided by the Shipping Corporation of India. The Court emphasized that the correction was in line with industry practices and not a special concession. Customs Authorities were instructed to determine the assessable value using the amended freight, with no additional duty payments required from the petitioner. The Court discharged the bond and Bank Guarantee, and no costs were awarded to either party. en-us Fri, 13 Mar 1987 00:00:00 +0530 Wed, 09 Jun 2010 12:47:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=42127 The Court ruled in favor of the petitioner, directing Customs Authorities to reassess the Bill of Entry based on the corrected freight bill provided by the Shipping Corporation of India. The Court emphasized that the correction was in line with industry practices and not a special concession. Customs Authorities were instructed to determine the assessable value using the amended freight, with no additional duty payments required from the petitioner. The Court discharged the bond and Bank Guarantee, and no costs were awarded to either party. Case-Laws Customs Fri, 13 Mar 1987 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=42127