Rebate Denied: Duty Paid on CIF Value Excludes Ocean Freight & Insurance Beyond Port as Per Statutory Rules.

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Full Text of the Document

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....Denial of rebate claim - Duty was paid on CIF value as admitted by applicant. The ocean freight and insurance incurred beyond the port, being place of removal in the case cannot be part of transaction value in terms of statutory provisions discussed above - amount of rebate restricted - CGOVT....