Customs duty is payable on actual quantity of crude oil received into shore tank

Indian Oil Corporation Limited Vs Commissioner of Customs (CESTAT Ahmedabad) CESTAT Ahmedabad held that actual oil quantity physically received into the shore tank should be taken as the basis for payment of duty at the time of ex-bond bills of entry. Facts- M/s. Indian Oil Corporation Limited, Kandla had imported 98 consignments of HSD and SKO during the period from May 1994 to December 1998 as a canalizing agency on behalf of himself as well as for M/s. Bharat Petroleum Corporation Limited, Kandla (BPCL) and M/s. Hindustan Petroleum Corporation Limited, Kandla (HPCL). The respective oil Comp...