https://www.taxtmi.com/caselaws?id=777118 In customs valuation disputes over FOB value in shipping bills, the settled position was applied that no deduction of duty is permissible when recomputing customs duty liability on such value. The Tribunal relied on earlier precedent and noted that the appellant's own prior case had been decided on the same footing. On that basis, the request to treat the declared FOB value as a cum-duty price was rejected, and the matter was decided in favour of the Revenue. en-us Thu, 21 Aug 2025 00:00:00 +0530 Mon, 25 Aug 2025 08:40:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777118 In customs valuation disputes over FOB value in shipping bills, the settled position was applied that no deduction of duty is permissible when recomputing customs duty liability on such value. The Tribunal relied on earlier precedent and noted that the appellant's own prior case had been decided on the same footing. On that basis, the request to treat the declared FOB value as a cum-duty price was rejected, and the matter was decided in favour of the Revenue. Case-Laws Customs Thu, 21 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777118