Court Rules on Incorrect Application of Rule 10 in Valuation of Aircraft Fuel Imports; Order Set Aside.

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....Valuation of imported goods - fuel on board aircraft returning to India on completion of international leg - inclusion of insurance, freight and landing charges in the assessable value - The demand in the impugned order has incorrectly taken recourse to rule 10 of Customs Valuation (Determination of Value of Imported Goods) Rules, 2007 and, therefore, must be set aside - AT....