https://www.taxtmi.com/caselaws?id=777651 CESTAT-BANGALORE-AT dismissed the appeal and upheld the impugned order holding that, for a wreck sold on an "as is where is" basis off shore, charges incurred to bring the wreck inshore, break it into smaller pieces and clear it from port must be included in the assessable value. The tribunal found the Supreme Court ratio inapplicable because the sale was near Oyster Rock and the purchaser bore responsibility for salvage and handling; the importer did not contest the added quantum, so no infirmity was found in the valuation. en-us Fri, 22 Aug 2025 00:00:00 +0530 Wed, 03 Sep 2025 08:19:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=777651 CESTAT-BANGALORE-AT dismissed the appeal and upheld the impugned order holding that, for a wreck sold on an "as is where is" basis off shore, charges incurred to bring the wreck inshore, break it into smaller pieces and clear it from port must be included in the assessable value. The tribunal found the Supreme Court ratio inapplicable because the sale was near Oyster Rock and the purchaser bore responsibility for salvage and handling; the importer did not contest the added quantum, so no infirmity was found in the valuation. Case-Laws Customs Fri, 22 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=777651