1996 (5) TMI 273

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....rs. Ruchira Pant, SDR, for the Respondent. [Order per : Justice U.L. Bhat, President]. - The appellants placed an order for supply of 2000 sets components/sub assemblies for car cassette player, half to be supplied by sea and the remaining half by air. Regarding the goods supplied by sea, the impugned order passed by Assistant Collector shows that the invoice price was treated as C.I. price.....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... of Volume I deals with Basis of Computation for Inclusion in Value. According to instructions 20¼% or 20½ or 20 1/8% of the FOB value, depending on the ports from where the goods were despatched is to be added in order to arrive at the assessable value, unless there is evidence to show that the aforesaid addition to FOB value may not cover the actual freight. List of commodities for....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....om the importer that may form as basis for arriving at the assessable value. Paragraph 50(6) states as the freight and insurance charges for articles imported by air (which is not the ordinary means of importing such goods) are higher than those for the same articles imported through ordinary trade channels, the value under Section 14(1) of the Customs Act, 1962 of the articles imported by air sho....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....of only sea freight where sea freight for similar goods is ascertainable and the FOB value is given in the invoice or is ascertainable therefrom. The second decision merely follows the first decision. We notice that this concession (sic) is based on the instructions in the manual. 4.   Unfortunately the full facts of the present case are not before us, for want of relevant documents which ....