https://www.taxtmi.com/caselaws?id=468475 Customs duty on bulk liquid cargo is chargeable only on the quantity that has actually completed importation and been received in the shore tank for clearance or warehousing. Where a shortfall occurs because goods are lost, destroyed, or pilfered before home consumption or warehousing, duty is not payable on that lost quantity. The assessment basis for bulk imports is the quantity actually received, not the invoiced quantity, and the cited circular is consistent with that approach. The demand on the short quantity was therefore unsustainable, and the duty liability was confined to the quantity actually imported and received, with consequential relief granted. en-us Wed, 10 Jan 2024 00:00:00 +0530 Fri, 08 May 2026 12:20:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468475 Customs duty on bulk liquid cargo is chargeable only on the quantity that has actually completed importation and been received in the shore tank for clearance or warehousing. Where a shortfall occurs because goods are lost, destroyed, or pilfered before home consumption or warehousing, duty is not payable on that lost quantity. The assessment basis for bulk imports is the quantity actually received, not the invoiced quantity, and the cited circular is consistent with that approach. The demand on the short quantity was therefore unsustainable, and the duty liability was confined to the quantity actually imported and received, with consequential relief granted. Case-Laws Customs Wed, 10 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468475