Slight variation in physical weight not affects value declared on the basis of Theoretical Weight

Welspun Corp Ltd Vs C.C.-Mundra (CESTAT Ahmedabad) Introduction: In the case of Welspun Corp Ltd vs. C.C.-Mundra, before the CESTAT Ahmedabad, the issue at hand was whether a minor variation in the physical weight of HR steel plates compared to the weight mentioned in import documents, based on theoretical weight calculations, warranted an increase in valuation. The department contended that any excess weight should lead to enhanced valuation, resulting in a demand for additional duties. However, the appellant argued that the theoretical weight was universally used for billing and that a sligh...