Quantity of bulk liquid cargo actually received into a shore tank should be the basis for payment of customs duty

Chemplast Sanmar Ltd. Vs Commissioner of Customs (CESTAT Bangalore)

Introduction: In the legal battle between Chemplast Sanmar Ltd. and the Commissioner of Customs, the assessment of bulk liquid cargo’s value comes under scrutiny. The dispute revolves around whether the quantity specified in import documents or the actual quantity received in the Shore Tank should be the basis for determining the assessable value of customs duty.

Detailed Analysis: T

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