https://www.taxtmi.com/caselaws?id=798278 Freight attributable to vessels engaged on a time-charter basis is to be determined under the prescribed valuation method for daughter vessels, using World Scale Rates where available and an alternative method only where those rates are unavailable. Differential customs duty cannot be sustained through the extended limitation period without deliberate suppression of material facts. Where the same material facts had already formed the basis of an earlier notice, recourse to the extended period is impermissible. Consequently, demands for differential duty, interest and penalties founded solely on the unavailable extended period cannot survive. en-us Tue, 13 Jan 2026 00:00:00 +0530 Fri, 04 Sep 2026 08:24:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=798278 Freight attributable to vessels engaged on a time-charter basis is to be determined under the prescribed valuation method for daughter vessels, using World Scale Rates where available and an alternative method only where those rates are unavailable. Differential customs duty cannot be sustained through the extended limitation period without deliberate suppression of material facts. Where the same material facts had already formed the basis of an earlier notice, recourse to the extended period is impermissible. Consequently, demands for differential duty, interest and penalties founded solely on the unavailable extended period cannot survive. Case-Laws Customs Tue, 13 Jan 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=798278