https://www.taxtmi.com/caselaws?id=465151 Customs duty on imported goods is to be assessed on the quantity actually received into the shore tank, because duty attaches to goods that have in fact entered importation and become part of the imported mass. Where goods are lost, pilfered, or otherwise not received, the Customs Act and Customs Valuation Rules do not support levy on a higher documentary quantity shown in the invoice or bill of lading. The operative basis of valuation is therefore the quantity actually imported and received, not the contractual or paper quantity. en-us Fri, 13 Dec 2024 00:00:00 +0530 Mon, 08 Dec 2025 18:58:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=465151 Customs duty on imported goods is to be assessed on the quantity actually received into the shore tank, because duty attaches to goods that have in fact entered importation and become part of the imported mass. Where goods are lost, pilfered, or otherwise not received, the Customs Act and Customs Valuation Rules do not support levy on a higher documentary quantity shown in the invoice or bill of lading. The operative basis of valuation is therefore the quantity actually imported and received, not the contractual or paper quantity. Case-Laws Customs Fri, 13 Dec 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=465151