https://www.taxtmi.com/caselaws?id=782106 CESTAT allowed exporters' appeals partly and rejected the department's appeals. It held that the exported consignments, being mixtures of iron ore fines and lumps with lumps not predominant, could not be treated as iron ore lumps for applying a higher export duty rate. For valuation, where contracts provided for final price based on Fe content and moisture at the discharge port, the CIQ-based final invoice value was to be accepted, and the department's redetermination using contemporaneous prices was invalid for failure to follow prescribed procedure. However, the Tribunal upheld that, from 01.01.2009, transaction value for export duty is the FOB price, with no cum-duty benefit admissible. en-us Fri, 21 Nov 2025 00:00:00 +0530 Tue, 25 Nov 2025 08:55:39 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=782106 CESTAT allowed exporters' appeals partly and rejected the department's appeals. It held that the exported consignments, being mixtures of iron ore fines and lumps with lumps not predominant, could not be treated as iron ore lumps for applying a higher export duty rate. For valuation, where contracts provided for final price based on Fe content and moisture at the discharge port, the CIQ-based final invoice value was to be accepted, and the department's redetermination using contemporaneous prices was invalid for failure to follow prescribed procedure. However, the Tribunal upheld that, from 01.01.2009, transaction value for export duty is the FOB price, with no cum-duty benefit admissible. Case-Laws Customs Fri, 21 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=782106