Iron Ore Fines' Fe content on WMT basis to determine duty rate. Fe<58%, no export duty under Notification 15/2016. Order set aside, reassessment ordered.

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....Shipping bill assessment challenged regarding determination of Fe content in Iron Ore Fines for classification and duty rate. Fe percentage to be determined on Wet Metric Tonne (WMT) basis by deducting moisture and converting to WMT using recognized formula. As Fe content below 58%, no export duty payable under Notification 15/2016-Cus. Impugned order set aside, matter remanded for finalization of provisional assessment and refund of excess duty, if any, within one month.....