Customs Duty on Iron Ore Fines was to be determined on Wet Metric Ton (WMT) and not on Dry Metric Ton (DMT) basis

Commissioner of Customs (Preventive) Vs S.M. Niryat Pvt. Ltd (Orissa High Court) Conclusion: Merely on the premise of mixing of the cargo, post the issuance of the let export order could not justify the claim for demand of duty on the entire lot, when there was nothing contrary to hold Fe% being more than the dutiable threshold, when arrived at on WMT basis. Held: In the instant case, the question arose for consideration was whether Tribunal was correct in holding that the net Fe content of Iron Ore Fines for the purpose of levy of Customs duty should be determined on WMT basis applying the c...