2001 (11) TMI 699

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...., DR, for the Respondent. [Order per : Gowri Shankar, Member (T)]. - The appellant took on voyage charter the ship m.v. Tal from its owners for the purpose of transporting iron ore that it mined and sold from Marmagoa to Lisbon. The charter party provided for payment under clause 37 to the owner of the freight at US$ 8.70 per wet metric ton. Clause 18 provided for a commission of 2.5% on the....

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....rongly included in the value of the ore. This claim was rejected by the Assistant Collector and its rejection confirmed by the Commissioner (Appeals). Hence this appeal. 3. The Commissioner (Appeals) has dismissed the appeal before him solely on the ground that the "appellant have not come up with any fresh legal arguments in their support and the points raised have been argued out by the ....

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....he two figures that the State Bank of India has certified represents the total of the amounts that the bankers advised the appellant as having deducted from its account i.e. the actual amount that has been remitted abroad to the shipment. The difference between the freight and this amount is obviously arisen because the amount that was retained by the appellant or paid by it to the broker. In dete....