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Court Limits Import Duty Collection to 20% of FOB Value Despite Missing Protest Letter by Appellant.

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Full Text of the Document

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....Valuation of import goods - Even taking it for granted that the appellant has not filed any proof of document, viz., protest letter or representation against the excess payment, department is not entitled to collect amount, not exceeding 20% of the free on board value (FOB Value) of goods. - HC....