https://www.taxtmi.com/caselaws?id=471786 For iron ore fines exported before 1 May 2022, Fe percentage for tariff classification and export-duty assessment must be calculated on a Wet Metric Ton basis, deducting moisture and other impurities from gross weight. The Dry Metric Ton method introduced through the Supplementary Note to Chapter 26 applies only from 1 May 2022 and does not govern earlier shipping bills. Moisture and impurity data should be taken from contemporaneous Load Port Test Reports issued by accredited, government-approved laboratories rather than substantially delayed CRCL reports. The prescribed conversion is Fe x (100 - M)/100, requiring reassessment where dry-basis Fe content was used. en-us Tue, 05 Nov 2024 00:00:00 +0530 Thu, 17 Sep 2026 18:59:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=471786 For iron ore fines exported before 1 May 2022, Fe percentage for tariff classification and export-duty assessment must be calculated on a Wet Metric Ton basis, deducting moisture and other impurities from gross weight. The Dry Metric Ton method introduced through the Supplementary Note to Chapter 26 applies only from 1 May 2022 and does not govern earlier shipping bills. Moisture and impurity data should be taken from contemporaneous Load Port Test Reports issued by accredited, government-approved laboratories rather than substantially delayed CRCL reports. The prescribed conversion is Fe x (100 - M)/100, requiring reassessment where dry-basis Fe content was used. Case-Laws Customs Tue, 05 Nov 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=471786