https://www.taxtmi.com/caselaws?id=45987 Under the customs valuation framework in Section 14 of the Customs Act, 1962 and the Customs Valuation Rules, 1988, landing charges may form part of the assessable value, but the inclusion of wharfage charges and stock loss depends on their true character and the stage at which they were incurred. The Court noted that the record lacked sufficient particulars to determine whether those charges were part of landing charges or arose after delivery and completion of importation. In the absence of an adequate factual foundation, the issue could not be decided in the abstract, and the concurrent findings below were left undisturbed. en-us Mon, 08 Oct 2001 00:00:00 +0530 Thu, 26 Jun 2014 10:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=45987 Under the customs valuation framework in Section 14 of the Customs Act, 1962 and the Customs Valuation Rules, 1988, landing charges may form part of the assessable value, but the inclusion of wharfage charges and stock loss depends on their true character and the stage at which they were incurred. The Court noted that the record lacked sufficient particulars to determine whether those charges were part of landing charges or arose after delivery and completion of importation. In the absence of an adequate factual foundation, the issue could not be decided in the abstract, and the concurrent findings below were left undisturbed. Case-Laws Customs Mon, 08 Oct 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=45987