Government of India
Ministry of Finance
Department of Revenue
Central Board of Excise & Customs
Subject: Liquid cargo — finalisation of provisional assessment
The Kendla Customs House has informed the Board that the provisional assessments of M/s Indian Oil Corporation Ltd. pending since 1994 for final quantification of the amount liquid bulk cargo have been finalised, on the basis of the Bombay High Court’s Judgement dated 17.7.1986 in W.P. No. 1236/81 and 1354/84 reported in 1986 (25) ELT 948 (Bom.).
2. All similar provisional assessments pending in various Customs Houses may be decided on the above lines.
3. The details of provisional assessment cases, pending against importers of liquid bulk cargo, including M/s Indian Oil Corporation, may be indicated to the Board immediately.