FOB Value Not to Be Treated as Cum-Duty for Export Duty Assessment

Essel Mining And Industries Ltd Vs Commissioner of Customs (CESTAT Hyderabad)

The Customs, Excise, and Service Tax Appellate Tribunal (CESTAT), Hyderabad Bench, has dismissed an appeal filed by M/s Essel Mining and Industries Limited, affirming the levy of export duty on the full Free On Board (FOB) value of exported iron ore. The core dispute centered on whether the FOB value should be treated as the price inclusive of export duty (a ‘cum-duty’ price), which would require the duty amount to be deducted before calculating

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