Demurrage charges not to be considered in customs valuation: CESTAT

Sanghi Industries Ltd Vs C.C. (CESTAT Ahmedabad) Introduction: Explore the legal intricacies surrounding demurrage charges in the context of customs valuation with the case of Sanghi Industries Ltd. vs. C.C.-Kandla. This article delves into the arguments, precedents, and the recent decision by CESTAT Ahmedabad. Case Overview: The central question revolves around whether demurrage charges paid by Sanghi Industries should be part of the assessable value of imported steam coal. Legal Arguments: Counsel Manish Jain asserts that the Orissa High Court’s ruling in TATA Steel Ltd. vs. Union of ...