2016 (11) TMI 300

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....sed Representative for the Appellant. Ms. Asmita A Nayak, Advocate for the Respondent. ORDER The facts of the case are that the appellants filed Shipping Bill Nos. GP.61 dated 02.03.2011 & GP.68 dated 10.03.2011 for the export of 25285 WMTs of Iron Ore Fines of 62.00% Fe content to a buyer in Korea, being final destination to China totally valued at Rs. 14,72,76,528/- FOB. The Exporter ha....

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....PDMT CIF for Fe content 63.00%, basis against declared unit rate of USD 173 PDMT CFR for Fe content 62.00%, basis in the shipping bills, as per the original contract. Thus it appeared that the unit rate realized is not in tune with the contract and there is no amendment to the original contract. 2.  On adjudication vide order dated 09.12.2011 the adjudicating authority ordered for finalisa....