Court Examines Inclusion of Freight and Transit Insurance in Goods Valuation on FOR Destination Basis.

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Demand of differential duty - Valuation of goods - inclusion of freight and transit insurance in the assessable value - Sale on FOR destination basis - Even though the appellant have taken transit insurance policy of the goods in their name, they cannot be treated as owner of the goods during transit. - AT....